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 Securities and Futures Commission (SFC) has issued restriction notices to Futu Securities International (Hong Kong) Limited (Futu) and Soochow Securities International Brokerage Limited (Soochow), prohibiting them from dealing with, or processing any withdrawals or transfers of, assets held in the accounts ultimately owned by a board member of a listed corporation who is suspected of committing misconduct and breaching his duties towards the listed corporation (Notes 1 an

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,

The Securities and Futures Commission (SFC) today announced new enhancements to the Cross-boundary Wealth Management Connect Pilot Scheme (Cross-boundary WMC) to foster closer communication between participating licensed corporations (Participating LCs) and their clients under the scheme (Note 1).          The SFC has set out in a circular the implementation details of the enhancements for client interaction, with key arrangements including: Participating LCs can now obtain

The Securities and Futures Commission (SFC) has reprimanded and fined Tung Tai Securities Company Limited (Tung Tai) HK$900,000 for failures relating to unauthorised sales of client securities and transfers of client funds (Note 1). The SFC’s investigation found that between 6 September 2019 and 18 February 2020, Tung Tai, acting on instructions from a bogus email address similar to that of an overseas client, sold shares in the client’s account and transferred the sale proce

The Securities and Futures Commission (SFC) has banned Mr Cheung Ngai Yi, a former relevant individual of Hang Seng Bank, Limited (HSB), from re-entering the industry for life following his criminal conviction for stealing client assets (Note 1). Cheung was sentenced by the District Court on 31 March 2025 to 30 months’ imprisonment after his theft conviction (Note 2). The Court found that Cheung, who was then an account manager for a client of HSB, had misappropriated a total