The Securities and Futures Commission (SFC) has obtained a disqualification order in the Court of First Instance against Mr Lo Ka Wai, a former executive director of National United Resources Holdings Limited (NUR) (Notes 1 to 3). Lo was disqualified for a period of three years from being a director, liquidator, receiver or manager of, or being involved in the management of, any listed or unlisted corporation in Hong Kong. Lo was also ordered to pay the SFC’s costs in the pro

The Court of First Instance has granted an interim injunction order in proceedings brought by the Securities and Futures Commission (SFC) under section 213 of the Securities and Futures Ordinance (SFO) against seven defendants who manipulated the shares of Wan Cheng Metal Packaging Company Limited (Wan Cheng) (Note 1).  Pursuant to the Court order, three defendants are prohibited from (i) removing any of their assets which are within Hong Kong, or (ii) in any way disposing of

The Securities and Futures Commission (SFC) has reprimanded and fined Saxo Capital Markets HK Limited (SCMHK) $4 million for failures in distributing virtual asset (VA) funds not authorised by the SFC and VA-related products (collectively, VA Products) on the firm’s online trading platform (Online Platform) (Note 1). Between 1 November 2018 and 25 November 2022 (Relevant Period), SCMHK allowed retail clients to trade certain VA Products on the Online Platform. These products

The Securities and Futures Commission (SFC) has withdrawn the restriction notices prohibiting three brokers from disposing of or dealing with proceeds or assets in their client accounts linked to disclosure of false or misleading information in Hua Han Health Industry Holdings Limited’s (Hua Han) financial statements (Notes 1 and 2). The three brokers are: Changjiang Securities Brokerage (HK) Limited; Haitong International Securities Company Limited; and Kingston Securities L

The Financial Services and the Treasury Bureau (FSTB) and the Securities and Futures Commission (SFC) today published consultation conclusions on legislative proposals to regulate virtual asset (VA) dealing and custodian service providers in Hong Kong (Note 1). At the same time, the FSTB and the SFC commenced a further consultation on new regimes for providers of VA advisory and management services. With broad market support, the FSTB and the SFC will proceed with the legis

The Shatin Magistrates’ Courts today sentenced Ms Wong Yuk Lan, a former Administration Controller of China All Access (Holdings) Limited (China All Access), to eight months of imprisonment, following her conviction for false trading in a market manipulation prosecution brought by the Securities and Futures Commission (SFC). She was also ordered to pay the SFC’s investigation costs. Wong had been remanded in custody since her conviction by the Court on 3 December 2025, pendin

The Eastern Magistrates’ Courts today sentenced Mr Choi Chun Wai, a former Vice President of Computershare Hong Kong Investor Services Limited (Computershare) to two months of imprisonment after he was convicted of insider dealing in the shares of ENM Holdings Limited (ENM) (Notes 1 to 3). Choi was ordered to pay a fine of $289,500, which is equivalent to the losses he had avoided when dealing in the ENM shares. The Court also ordered him to pay the Securities and Futures Com

Hong Kong’s capital markets made significant progress in deepening market connectivity while driving financial innovation and diversification, according to the Securities and Futures Commission’s (SFC) July-September 2025 Quarterly Report  published today.   The city has continued to bolster its super-connector role through deeper connections with both overseas and Mainland markets. Globally, the SFC has signed a total of six memoranda of understanding so far this year, inclu