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for importing workers granted to the company under the Enhanced Supplementary Labour Scheme (ESLS) have been withdrawn, and any applications for importing workers submitted by the company will not be processed for a period of two years.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

The Immigration Department (ImmD) mounted a series of territory-wide anti-illegal worker operations codenamed "Blockade" and "Twilight", a joint operation with the Labour Department codenamed "Rainbow" and joint operations with the Hong Kong Police Force codenamed "Champion" from November 14 to yesterday (November 20). A total of 33 suspected illegal workers, 10 suspected employers and two overstayers were arrested.      During operation "Blockade", ImmD investigators discove

The following is issued on behalf of the Hong Kong Monetary Authority:      The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public in Hong Kong that Blackridge Partners Ltd/Blackridge Partners Limited as referred to on the website ( https://blackridgepartnersltd.com ) does not have the authorization of the Monetary Authority (MA) under the Banking Ordinance (the Ordinance) to carry on banking business, or the business of taking deposits, in Hong Kong; a

The Department of Health (DH) today (November 24) carried out an enforcement operation with the Police against the suspected illegal sale of a topical product containing undeclared controlled medicines (see photo) at a beauty parlour in Yuen Long. During the operation, a 48-year old woman was arrested on suspicion of the illegal sale of Part 1 poison and an unregistered pharmaceutical product.      Following up on a case referred by the Hospital Authority, the DH earlier purc

​Hong Kong Customs on November 2 and 4 seized about 3 300 suspected counterfeit goods with an estimated market value of about $2.5 million at the Hong Kong-Zhuhai-Macao Bridge (HZMB) Hong Kong Port.      Through risk assessment, Customs on the abovementioned dates intercepted two incoming lorries at the HZMB Hong Kong Port. After inspection, Customs officers found the batch of suspected counterfeit goods, including mobile phones, footwear, bags and accessories, inside the car