The Shatin Magistrates’ Court has convicted Ms Wong Yuk Lan, Administration Controller of China All Access (Holdings) Limited (China All Access), for false trading in the company’s shares, following a prosecution brought by the Securities and Futures Commission (SFC) (Notes 1 to 3). Wong was remanded to custody for sentencing on 17 December 2025, pending background report.  The Court was told that Wong was the “de facto wife” of Mr Chan Yuen Ming, Chairman of China All Access

The Eastern Magistrates’ Courts today convicted Mr Choi Chun Wai, former Vice President of Computershare Hong Kong Investor Services Limited (Computershare) (Note 1), of insider dealing in the shares of ENM Holdings Limited (ENM) following a criminal prosecution by the Securities and Futures Commission (SFC) (Note 2). Choi pleaded guilty to the offence of insider dealing. The Court remanded him in custody and adjourned the case to 18 December 2025 for sentencing. On 2 June 20

The Securities and Futures Commission (SFC) has suspended Ms Loretta Lee Si Kar, a responsible officer (RO), manager-in-charge (MIC) and director of Tung Tai Securities Company Limited (Tung Tai), for three months and two weeks from 1 December 2025 to 14 March 2026 (Note 1).    The disciplinary action follows the SFC’s sanctions against Tung Tai for its failures relating to unauthorised sales of client securities and transfers of client funds between 6 September 2019 and 18 F

The Securities and Futures Commission (SFC) has directed The Stock Exchange of Hong Kong Limited (Stock Exchange) to suspend dealings in the shares of Dashan Education Holdings Limited (Dashan) under the Securities and Futures (Stock Market Listing) Rules (SMLR), effective from 9:00 am on 3 December 2025 (Notes 1 and 2). The SFC took this action because it considers that suspending dealings in Dashan’s shares at this stage is desirable to maintain a fair and orderly market an

The Court of First Instance has granted an interim injunction order against a suspected manipulator of the shares of Eggriculture Foods Limited (Eggriculture) in legal proceedings brought by the Securities and Futures Commission (SFC) under section 213 of the Securities and Futures Ordinance (SFO) (Note 1). Pursuant to the Court order, the suspect, who allegedly manipulated Eggriculture shares between 7 September 2018 and 5 November 2018, is prohibited from disposing of, deal

The Labour Department (LD) today (December 3) announced the imposition of an administrative sanction on Ying Garden O/B Cheer Power Holdings Limited. With effect from December 1, 2025, the approvals-in-principle for importing workers granted to the company under the Enhanced Supplementary Labour Scheme (ESLS) have been withdrawn, and any applications for importing workers submitted by the company will not be processed for a period of two years.      "The LD earlier received a

Hong Kong Customs detected a suspected smuggling case involving an ocean-going vessel on November 19. A large batch of suspected smuggled goods with an estimated market value of about $195 million was seized.      Through intelligence analysis and risk assessment, Customs discovered that criminals intended to use an ocean-going vessel to smuggle goods, and thereby formulated enforcement actions. A suspicious container scheduled to depart from Hong Kong to Indonesia via an oce

The Securities and Futures Commission (SFC) issued a  circular  today to urge licensed corporations and virtual asset trading platforms (collectively known as “licensed firms”) to stay vigilant against suspicious fund flows showing signs of layering activities in money laundering. In the circular, the SFC highlights a rising trend in which bad actors exploit licensed firms for layering activities, with some attempting to launder illicit proceeds from deception and scam cases,

A money service operator license holder was convicted by the Eastern Magistrates' Courts on November 4 for failing to comply with customer due diligence and record-keeping requirements, and providing false or misleading documents to Customs officers under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Ordinance). The company was fined a total of $328,000, the highest fine on record among similar cases.      During a compliance inspection in March last ye