<p>Wall Street bank Goldman Sachs reported rival Morgan Stanley to Hong Kong's financial regulator over a series of block trades, or large sales of shares, the <em>Financial Times</em> reported on Thursday, citing people familiar with the matter.</p>.<p>Goldman alerted the territory's Securities and Futures Commission three years ago as part of an "informal" discussion about price drops in the stocks of a small number of Hong Kong-listed companies that occurred shortly before Morgan Stanley brought blocks of shares to market, according to the report.</p>.<p>It was not known whether Hong Kong authorities investigated the claim by individuals at Goldman, the<em> Financial Times</em> reported.</p>.<p>Goldman Sachs and Morgan Stanley did not immediately respond to <em>Reuters</em> requests for comment, while the Hong Kong regulator declined to comment.</p>.<p>The US Securities and Exchange Commission was probing whether financial executives may have broken the rules by tipping off hedge funds ahead of block trades, Reuters reported in February, citing a source with knowledge of the matter.</p>.<p>Hong Kong's financial regulator has also started asking banks about their block-trading practices since the US investigations were made public, according to the FT report.</p>.<p><strong>Check out the latest videos from <i data-stringify-type="italic">DH</i>:</strong></p>
<p>Wall Street bank Goldman Sachs reported rival Morgan Stanley to Hong Kong's financial regulator over a series of block trades, or large sales of shares, the <em>Financial Times</em> reported on Thursday, citing people familiar with the matter.</p>.<p>Goldman alerted the territory's Securities and Futures Commission three years ago as part of an "informal" discussion about price drops in the stocks of a small number of Hong Kong-listed companies that occurred shortly before Morgan Stanley brought blocks of shares to market, according to the report.</p>.<p>It was not known whether Hong Kong authorities investigated the claim by individuals at Goldman, the<em> Financial Times</em> reported.</p>.<p>Goldman Sachs and Morgan Stanley did not immediately respond to <em>Reuters</em> requests for comment, while the Hong Kong regulator declined to comment.</p>.<p>The US Securities and Exchange Commission was probing whether financial executives may have broken the rules by tipping off hedge funds ahead of block trades, Reuters reported in February, citing a source with knowledge of the matter.</p>.<p>Hong Kong's financial regulator has also started asking banks about their block-trading practices since the US investigations were made public, according to the FT report.</p>.<p><strong>Check out the latest videos from <i data-stringify-type="italic">DH</i>:</strong></p>