Hong Kong delivered a standout year as a leading global asset and wealth management hub in 2025, as total assets under management (AUM) jumped 20% year-on-year (YoY) to a record high of $42.2 trillion (US$5.4 trillion), according to the Securities and Futures Commission's (SFC...

The Court of First Instance granted the Securities and Futures Commission (SFC) a worldwide injunction over the assets of Mr Lo Kai Bong, chairman, executive director and controlling shareholder of LET Group Holdings Limited (LET) and Summit Ascent Holdings Limited (Summit Asc...

The Securities and Futures Commission (SFC) has commenced legal proceedings in the Court of First Instance to seek an order requiring Mr Ng Yu – former chairman, executive director, and non-executive director of Target Insurance (Holdings) Limited (Target Holdings) – to buy ou...

The West Kowloon Magistrates’ Court today sentenced well-known movie producer Mr Wong Pak Ming to five months of imprisonment, following his conviction of insider dealing in the shares of Pegasus Entertainment Holdings Limited (Pegasus) in a criminal prosecution brought by the...

The Securities and Futures Commission (SFC) today issued a revised circular to broaden the range of listed structured funds to include Single Stock Leveraged and Inverse (L&I) Products referencing highly liquid Hong Kong-listed mega-cap stocks (Note 1).

The Securities and Futures Commission (SFC) has reprimanded and fined XHK Limited (XHK) $2.5 million for regulatory failures in relation to the firm’s preparation of financial returns, maintenance of required liquid capital, and handling of client money and non-client money (Note 1). The disciplinary action follows an SFC investigation triggered by self-reports made by XHK. The SFC’s investigation found that XHK made various accounting errors in its financial returns submitte

The Financial Services and the Treasury Bureau (FSTB) and the Securities and Futures Commission (SFC) today published consultation conclusions on the legislative proposal to regulate virtual asset (VA) advisory and management service providers in Hong Kong (Note 1). The proposal for the VA advisory and management regimes received broad market support during the consultation (Note 2). Adhering to the “same business, same risks, same rules” principle, the scope of these regimes

The Securities and Futures Commission (SFC) has banned Mr Paul Wan Kai Leung, former responsible officer, manager-in-charge, and director of Nerico Brothers Limited (NBL), from re-entering the industry for life (Note 1). The disciplinary action is related to the SFC’s earlier sanctions against NBL and its director, Jerff Lee Cheuk Fung, for misuse of client assets, facilitation of the misappropriation of client assets, and provision of false or misleading information to the S