Hong Kong Customs mounted an enforcement operation codenamed "Mirage" on December 18 and 19 and successfully dismantled a money laundering syndicate. Five local persons suspected to be connected with the case were arrested. They were suspected of laundering about $8.9 billion in funds from unknown sources via fictitious trading activities. Acting upon intelligence, Customs targeted three local persons and initiated a financial investigation. It was revealed that the three per

The Securities and Futures Commission (SFC) has withdrawn the restriction notices prohibiting three brokers from disposing of or dealing with proceeds or assets in their client accounts linked to disclosure of false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 Secretary for Financial Services and the Treasury, Mr Christopher Hui, had a bilateral meeting with the Ambassador of Norway to China, Mr Vebjørn Dysvik, in Beijing today (December 16) and signed on behalf of the Hong Kong Special Administrative Region (HKSAR) Government a comprehensive avoidance of double taxation agreement (CDTA) with the Government of the Kingdom of Norway.      Mr Hui said, "Norway is an important trading partner of Hong Kong in Northern Europe. This

Hong Kong Customs mounted enforcement operations to combat illicit cigarette smuggling activities involving air passengers and shut down related illicit cigarette storage centres between September and December, successfully neutralising a transnational syndicate that smuggled illicit cigarettes through air passengers. A total of about 11.64 million illicit cigarettes and 1.4 million alternative smoking products were seized, with an estimated market value of about $56.5 millio

​The General Assembly of the International Institute for the Unification of Private Law (UNIDROIT), at its 85th session, decided on the establishment of the UNIDROIT Asia-Pacific Liaison Office in the Hong Kong Special Administrative Region (HKSAR) of the People's Republic of China. The Office is expected to open at the Hong Kong Legal Hub in the second half of 2026, as part of UNIDROIT's centenary celebration next year.       The proposal for the establishment of the Office

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