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Regulatory News


SFC reprimands and fines Enlighten Securities Limited $5 million and suspends its responsible officer for internal control failures over securities margin financing
The Securities and Futures Commission (SFC) has reprimanded and fined Enlighten Securities Limited (ESL) $5 million for internal control...
Mar 30, 2025


District Court sets trial dates for three sophisticated ramp-and-dump cases
The District Court trial of three sophisticated ramp-and-dump cases involving the shares of Eggriculture Foods Limited, Fullwealth...
Mar 30, 2025


SFC issues additional guidance on IPO subscription and financing services
The Securities and Futures Commission (SFC) today issued additional guidance in a circular for licensed corporations (LCs) on IPO...
Mar 23, 2025


SFC suspends finfluencer for 16 months
The Securities and Futures Commission (SFC) has suspended Mr Wong Ming Chung, a finfluencer known as Franky Wong and a licensed...
Mar 23, 2025


SFC seeks disqualification and compensation orders against entire former board of 3DG Holdings (International) Limited
The Securities and Futures Commission (SFC) has commenced legal proceedings in the Court of First Instance to seek disqualification and...
Mar 23, 2025


SFC bans Steven Wong Yung for 14 months for fund management failures
The Securities and Futures Commission (SFC) has prohibited Mr Steven Wong Yung, a former responsible officer (RO) and chief executive...
Mar 23, 2025


SFC obtains disqualification order against former financial controller of Anxin-China Holdings Limited
The Securities and Futures Commission (SFC) has obtained a court order that the former financial controller of Anxin-China Holdings...
Mar 16, 2025


SFC warns public of Linkbex for suspected virtual asset-related fraud
The Securities and Futures Commission (SFC) today warns the public of an entity operating under the name of Linkbex for suspected virtual...
Mar 9, 2025
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