Category Archives: Enforcement

SFC proceedings against Ding Ying Feng former chairman to seek compensation for investors.

The Securities and Futures Commission (SFC) has commenced proceedings of former chairman and non-executive director [...]

SFC criminal conviction of securities fraud via illegal short selling.

The Eastern Magistrate’s Court today convicted Ms Yeung Tak Sum, an unemployed retail trader of [...]

Suspension of CCASS Services on 16 Mar, 23 Mar, 06 Apr, 13 Apr 2024 (Saturday)

To facilitate the internal system testing and upgrade, the CCASS online services will be suspended [...]

Disciplinary Action against XinMing China Holdings Limited (stock code: 2699) current directors.

The Stock Exchange of Hong Kong Limited censures three directors of XinMing China Holdings Limited [...]

Listing shares of LET Group Holdings Limited and Summit Ascent Holdings Limited suspended from Stock Exchange of Hong Kong

Due to concerns regarding a very substantial disposal of a major asset of LET Group [...]

The Securities and Future Commission disqualifies former CFO of Fuguiniao Co.Ltd for two years.

SFC has obtained a court order against the CFO of FuGuiNiao Co. Ltd Company due [...]

SFC issues penalty fine to PICC Asset Management Hong Kong due to in breach of regulation and code of conducts

SFC issues penalty to PICC Asset management ( Type 4 and Type 9 licensed regulated [...]

Suspected core syndicate member charged in ramp-and dump case

A suspected core member of a sophisticated ramp-and-dump syndicate, Mr Lau Ka Wing, was charged [...]

Insurance Authority bans Ma Chun Kei for 4.5 years for fabricating a certificate of insurance

The Insurance Authority (IA) has imposed a 4.5-year ban on Mr. Ma Chun Kei, a [...]

Enforcement collaboration between IA and HKMA – Insurance Authority suspends Cheung Tak On for two months and orders a fine of $2,900 for misappropriating gift vouchers

The Insurance Authority (IA) and the Hong Kong Monetary Authority (HKMA) have taken disciplinary action [...]