Turns out, they the execs were "that stupid"
http://www.theage.com.au/business/insider-trading-probe-20110913-1k7sq.html
"ASIC alleges that in the space of a week in July, a company identified in the investigation, Wingatta, acquired some 10 million Sundance CFDs for $3.8 million and sold them within an hour of the market opening on the day of Hanlong's takeover announcement (July 18) realising a $1.09 million profit.
Wingatta's director, Mr Fan Zhang, is a Hanlong executive and an Australian citizen. ASIC alleges another Hanlong executive, Calvin Bo Shi Zhu, who also has Australian citizenship, may have accessed the Wingatta trading account"
hanlong execs get extended stay in Aust, page-17
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