Lih Pao Group Chairman Kuo Chuan-ching released on NT$3 million bail and restricted from travel over insider trading
Kuo Chuan-ching, chairman of the Lih Pao Group, has been implicated in two insider trading cases, allegedly profiting by buying shares through relatives' accounts before major news announcements. He was released on NT$3 million bail and placed under a travel ban after being questioned, along with five other individuals who also face travel restrictions.
📋 Article Processing Timeline
- 📰 Published: April 29, 2026 at 09:23
- 🔍 Collected: April 29, 2026 at 09:31 (8 min after Published)
- 🤖 AI Analyzed: April 29, 2026 at 10:40 (1h 8m after Collected)
TAIPEI (Central News Agency reporter Hsieh Chun-lin, April 29) – Kuo Chuan-ching, chairman of the Lih Pao Group, is involved in two insider trading cases, suspected of using relatives' securities accounts to buy shares and profit before major information announcements. The Taipei District Prosecutors Office yesterday searched 20 locations and summoned Kuo Chuan-ching and five others for questioning. After questioning, Kuo Chuan-ching was released on NT$3 million bail and restricted from leaving the country.
In addition, Hong, former vice chairman of Lih Kee Construction, and Li, former general manager of Honyi Innovation, both co-defendants, were each released on NT$500,000 bail; Pei, Kuo Chuan-ching's special assistant, and Lin, a Lih Pao employee, and her husband Shen, were each released on NT$300,000 bail. All five are restricted from leaving the country, going out to sea, and residing in a fixed place. As for Kuo Chuan-ching's son, Kuo Chi-kang, he was released after questioning as a witness.
Investigators found that Kuo Chuan-ching, chairman of the Lih Pao Group and former chairman of Lih Kee Construction Company, was involved in two insider trading cases. In one case, on October 27, 2021 (ROC year 110), Lih Kee Construction announced two major pieces of information: the disposal of two plots of land, with estimated profits of NT$242 million and NT$44 million respectively, totaling over NT$286 million. Kuo Chuan-ching is suspected of having purchased Lih Kee Construction shares through relatives' nominee accounts before this positive news was announced to profit.
In the other case, investigators discovered that Honyi Innovation International Company announced major information on September 20, 2024 (ROC year 113), regarding the board of directors' resolution on pricing for the 2024 private placement of common shares. The company planned to privately place 20,000 shares, expecting to raise NT$152 million. Kuo Chuan-ching is suspected of having learned of this significant positive news early because Lih Kee Construction was an subscriber, and then purchased Honyi Innovation International shares through relatives' nominee accounts to profit.
On April 28, the Taipei District Prosecutors Office directed the Taipei City Investigation Office of the Ministry of Justice Investigation Bureau to search 20 locations, including the residences of Kuo Chuan-ching and the five other defendants, as well as Lih Kee Construction Co., Ltd. and Honyi Innovation International Co., Ltd., with search warrants issued by the court. Kuo Chuan-ching and the five others were summoned for questioning. The entire case is being investigated as a suspected violation of the Securities Exchange Act's insider trading provisions, with further investigation needed to clarify the illicit gains. (Editor: Li Hsi-chang) 1150429
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In addition, Hong, former vice chairman of Lih Kee Construction, and Li, former general manager of Honyi Innovation, both co-defendants, were each released on NT$500,000 bail; Pei, Kuo Chuan-ching's special assistant, and Lin, a Lih Pao employee, and her husband Shen, were each released on NT$300,000 bail. All five are restricted from leaving the country, going out to sea, and residing in a fixed place. As for Kuo Chuan-ching's son, Kuo Chi-kang, he was released after questioning as a witness.
Investigators found that Kuo Chuan-ching, chairman of the Lih Pao Group and former chairman of Lih Kee Construction Company, was involved in two insider trading cases. In one case, on October 27, 2021 (ROC year 110), Lih Kee Construction announced two major pieces of information: the disposal of two plots of land, with estimated profits of NT$242 million and NT$44 million respectively, totaling over NT$286 million. Kuo Chuan-ching is suspected of having purchased Lih Kee Construction shares through relatives' nominee accounts before this positive news was announced to profit.
In the other case, investigators discovered that Honyi Innovation International Company announced major information on September 20, 2024 (ROC year 113), regarding the board of directors' resolution on pricing for the 2024 private placement of common shares. The company planned to privately place 20,000 shares, expecting to raise NT$152 million. Kuo Chuan-ching is suspected of having learned of this significant positive news early because Lih Kee Construction was an subscriber, and then purchased Honyi Innovation International shares through relatives' nominee accounts to profit.
On April 28, the Taipei District Prosecutors Office directed the Taipei City Investigation Office of the Ministry of Justice Investigation Bureau to search 20 locations, including the residences of Kuo Chuan-ching and the five other defendants, as well as Lih Kee Construction Co., Ltd. and Honyi Innovation International Co., Ltd., with search warrants issued by the court. Kuo Chuan-ching and the five others were summoned for questioning. The entire case is being investigated as a suspected violation of the Securities Exchange Act's insider trading provisions, with further investigation needed to clarify the illicit gains. (Editor: Li Hsi-chang) 1150429
Choose to stand with facts, every sponsorship is the power to protect press freedom.
Download the Central News Agency's "Firsthand News" APP to get the latest news in real time.
The text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and utilized without authorization.