Du Jun was convicted of insider dealing in September 2009 and sentenced to 7 years imprisonment. The SFC froze Du Jun's assets as part of its investigation and Du Jun has now filed an application to unfreeze some of his assets to pay a HK$23.3m fine. The SFC has opposed the application on the basis that the frozen money should be used to compensate investors. If the SFC is successful it will be the first time Hong Kong investors have been compensated after selling shares to a buyer armed with inside information. The hearing of the applications will take place in February.