The Securities and Futures Commission (SFC) has applied for an order from the Court of First Instance to freeze assets intended for compensation to affected investors in an alleged market manipulation case (Application). This action is part of the SFC’s legal proceedings against the former chairman and non-executive director of Ding Yi Feng Holdings Group International Limited, 28 other suspects and a corporate entity for alleged manipulation of the shares of Smartac Internat

The Securities and Futures Commission (SFC) has applied for an order from the Court of First Instance to freeze assets intended for compensation to affected investors in an alleged market manipulation case (Application). This action is part of the SFC’s legal proceedings against the former chairman and non-executive director of Ding Yi Feng Holdings Group International Limited, 28 other suspects and a corporate entity for alleged manipulation of the shares of Smartac Internat

The Securities and Futures Commission (SFC) and the Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (DIFC), today signed a Memorandum of Understanding (MoU) to deepen cooperation on the regulatory oversight and supervision of collective investment scheme managers in each other’s markets to ensure compliance, governance, and cross-border regulatory alignment.   During the 10th Belt and Road Summit in Hong Kong,

The Securities and Futures Commission (SFC) and the Asian Development Bank Institute (ADBI) today convened a roundtable during the Hong Kong Green Week to exchange views on the development of sustainable finance in Asia-Pacific capital markets (Note 1). Senior officials from 12 jurisdictions (Note 2) across the region participated in the Asia Climate Finance Dialogue hosted in Hong Kong to share insights on the latest trends and innovations in sustainable-related thematic ins

The Securities and Futures Commission (SFC) has reprimanded and fined Instinet Pacific Limited (Instinet) $8 million for its failure to comply with the reporting requirements of The Stock Exchange of Hong Kong Limited (SEHK) for direct business transactions or cross trades (Note 1). The SFC’s investigation revealed that between December 2012 and March 2018, Instinet had failed to report 8,817 pairs of cross trades involving transactions worth around $25.9 billion between its

The Securities and Futures Commission (SFC) has obtained disqualification orders in the Court of First Instance against another five former directors of Superb Summit International Group Limited (Superb Summit). They are Mr Law Wai Fai, Mr Li Jun and Mr Cheng Man For, former executive directors of Superb Summit, and Mr Qiu Jizhi and Mr Chan Chi Yuen, former independent non-executive directors of the company (Notes 1 to 3). To date, a total of 10 former directors of Superb Sum

The Securities and Futures Commission (SFC) has banned Mr Suen Kin-wing, a former Associate Director of UBS AG (UBS), from re-entering the industry for life in light of his criminal convictions for money laundering and committal for contempt of court (Note 1). The case arose from Suen’s role as the Client Advisor of two Mainland Chinese clients who held a joint account with UBS (Joint Account). Since the clients encountered difficulties in remitting RMB from the Mainland to H

The Securities and Futures Commission (SFC) has suspended Mr Chow Tsz Lam, a former responsible officer (RO) and manager-in-charge of various core functions of the now dissolved Agg. Asset Management Limited (Agg), for 12 months from 2 September 2025 to 1 September 2026 over fund management failures (Notes 1 to 3). The disciplinary action followed the SFC’s investigation which found that Agg, as the investment manager of a Cayman-incorporated fund, invested up to 100% of the