The Court of First Instance has ordered AMTD Global Markets Limited (AMTD, formerly known as orientiert XYZ Securities Limited and currently known as oOo Securities (HK) Group Limited) to produce records and pay a fine, following legal proceedings initiated by the Securities and Futures Commission (SFC) against AMTD for failing to comply with statutory notices issued during the course of SFC investigations (Notes 1 to 4). The SFC’s investigations concern suspected fraudulent

The Securities and Futures Commission (SFC) has suspended Mr Joey Lo Wai Hon, a former responsible officer (RO) of MTF Securities Limited (MTF), for four months from 30 September 2025 to 29 January 2026 for failing to properly manage credit risks and to identify and report suspicious trading patterns of clients (Notes 1 and 2). The disciplinary action follows the SFC’s findings that MTF failed to maintain effective policies and procedures to ensure the proper management of cr

The Securities and Futures Commission (SFC) has applied for an interim order from the Court of First Instance to freeze assets intended for compensation to affected investors in an alleged sophisticated social media ramp-and-dump case involving the shares of Grand Talents Group Holdings Limited (Grand Talents) (Application). This Application is part of the SFC’s legal proceedings under section 213 of the Securities and Futures Ordinance against 16 defendants, including the s

The Securities and Futures Commission (SFC) has reprimanded and fined Roofer Securities Limited (Roofer) $2.1 million for regulatory breaches relating to mishandling of client money (Note 1). The SFC’s investigation, which followed a referral by The Hong Kong Exchanges and Clearing Limited (HKEX), found that between 8 February 2021 and 7 July 2022, there were 12 incidents where Roofer failed to maintain sufficient funds in its segregated client account. On one occasion, the s

The Securities and Futures Commission (SFC) has applied for an interim order from the Court of First Instance to freeze assets intended for compensation to affected investors in an alleged sophisticated ramp-and-dump scheme involving the shares of KNT Holdings Limited (KNT) (Application). This Application is part of the SFC’s legal proceedings under section 213 of the Securities and Futures Ordinance (SFO) against 17 individuals (Defendants) for allegedly manipulating the sha

The Securities and Futures Commission (SFC) has reprimanded and fined RaffAello Capital Limited (RaffAello) $4 million for failing to discharge its duties as the sponsor in the listing application of Paprika Holdings Limited (Paprika) after the Securities and Futures Appeals Tribunal (SFAT) upheld the SFC’s disciplinary action against RaffAello (Notes 1 to 4). The SFC’s investigation found that RaffAello had failed to perform all reasonable due diligence on Paprika before sub

The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) jointly announced Hong Kong’s Roadmap for the Development of Fixed Income and Currency (FIC) Markets (Roadmap) today (25 September) to position the city strategically as a global FIC hub by fostering demand, liquidity and innovation.The Roadmap outlines key initiatives across the four pillars of primary market issuance, secondary market liquidity, offshore renminbi (RMB) business, and next

The Securities and Futures Commission (SFC) today launched a consultation on the proposed investor identification regime for the exchange-traded derivatives market (HKIDR-DM) to further bolster the integrity and sustainable development of Hong Kong’s capital markets (Note 1). Building upon the successful implementation of a similar regime for the securities market (HKIDR-S) since March 2023, the proposed HKIDR-DM would cover on-exchange orders for futures contracts, options