Insider Trading Probe: Lealea Group President Kuo Chuan-ching Investigated and Raided
Taipei District Prosecutors raided Lealea Group's president Kuo Chuan-ching and related offices across 20 locations over allegations of insider trading involving stock purchases before major announcements by Li Keng Construction and Hung Yi Innovation International.
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- 📰 Published: April 28, 2026 at 18:23
- 🔍 Collected: April 28, 2026 at 18:32 (8 min after Published)
- 🤖 AI Analyzed: April 28, 2026 at 22:19 (3h 47m after Collected)
Central News Agency - Taipei, April 28. Authorities have reported that Kuo Chuan-ching, president of Lealea Group, is involved in two cases of insider trading, suspected of using relatives' securities accounts to buy shares for profit before major news was released. The Taipei District Prosecutors Office today directed the Investigation Bureau to search 20 locations, including Li Keng Construction, and summoned Kuo and five other defendants for questioning.
Investigation revealed that Kuo Chuan-ching, president of Lealea Group and former chairman of Li Keng Construction, was involved in two insider trading cases. On October 27, 2021, Li Keng Construction released two major announcements regarding the disposal of two plots of land, with expected gains of NT$242 million and NT$44 million respectively, totaling over NT$286 million. Kuo is suspected of buying Li Keng Construction shares through figurehead accounts before these positive tidings were public.
Additionally, investigators found that on September 20, 2024, Hung Yi Innovation International Co. issued a major announcement stating the board's resolution on private placement of common stock, planning to issue 20,000 shares to raise NT$152 million. Kuo allegedly learned of this positive news early because Li Keng Construction was a subscriber, and bought Hung Yi Innovation International shares through relatives' accounts to profit.
The Taipei District Prosecutors Office today directed the Taipei City Investigation Office of the Ministry of Justice to search the residences of Kuo and five other defendants, as well as 20 locations including the offices of Li Keng Construction and Hung Yi Innovation International. Six people, including Kuo, were notified to appear for explanation. The case is being investigated as a violation of the Securities and Exchange Act's insider trading provisions, with illegal gains still under further investigation.
Investigation revealed that Kuo Chuan-ching, president of Lealea Group and former chairman of Li Keng Construction, was involved in two insider trading cases. On October 27, 2021, Li Keng Construction released two major announcements regarding the disposal of two plots of land, with expected gains of NT$242 million and NT$44 million respectively, totaling over NT$286 million. Kuo is suspected of buying Li Keng Construction shares through figurehead accounts before these positive tidings were public.
Additionally, investigators found that on September 20, 2024, Hung Yi Innovation International Co. issued a major announcement stating the board's resolution on private placement of common stock, planning to issue 20,000 shares to raise NT$152 million. Kuo allegedly learned of this positive news early because Li Keng Construction was a subscriber, and bought Hung Yi Innovation International shares through relatives' accounts to profit.
The Taipei District Prosecutors Office today directed the Taipei City Investigation Office of the Ministry of Justice to search the residences of Kuo and five other defendants, as well as 20 locations including the offices of Li Keng Construction and Hung Yi Innovation International. Six people, including Kuo, were notified to appear for explanation. The case is being investigated as a violation of the Securities and Exchange Act's insider trading provisions, with illegal gains still under further investigation.