Joint operation conducted by Insurance Authority and Hong Kong Police Force against suspected fraudulent practices of examination centre
August 31, 2026

On 27 August 2026, the Insurance Authority (IA) and the Hong Kong Police Force (HKPF) launched a joint enforcement operation targeting suspected fraudulent activities at an examination centre run by Greater China Wemedia Association Limited, which offers examinations for the Fellow, Life Management Institute (FLMI) qualification accredited by LOMA. The [...]

SFC revokes Ernest Chan Tsz Kin’s licence and bans him for 10 years
August 25, 2026

On 24 August 2026, the SFC revoked the licence and responsible‑officer approval of Mr Ernest Chan Tsz‑Kin, former RO of Keptain Securities and Asset Management Limited, and banned him from the industry for 10 years. An SFC investigation found that between June 2016 and March 2018, Chan caused Keptain to window‑dress its liquid capital by [...]

Former SFC staff member charged following joint investigation with ICAC
August 17, 2026

On 16  August, the SFC announced that a former SFC manager had been charged by the ICAC with obtaining access to a computer with a view to dishonest gain following their joint investigation. The staff member was immediately dismissed upon arrest and the SFC fully cooperated throughout the probe. Stating [...]

SFC obtains six-year disqualification order against former executive director of National United Resources Holdings Limited over fictitious transactions
August 14, 2026

On 13 August, The Securities and Futures Commission secured a six-year disqualification order at the Court of First Instance against Tian Songlin, former executive director of National United Resources Holdings Limited (NUR). Tian pleaded admitted to breaching his fiduciary duties and negligently allowing a NUR subsidiary to participate in two fictitious [...]

Hearing adjourned in criminal prosecution for noncompliance with SFC notices in market manipulation investigations
August 14, 2026

On 13 August, the Eastern Magistrates’ Court adjourned to 17 Sep 2026 the criminal prosecution brought by the SFC against Mr Oliver Chow Pak Wah in connection with two ongoing market‑manipulation investigations. Chow pleaded not guilty to three charges of unreasonably refusing to produce documents and attend interviews pursuant to three SFC notices [...]

Exchange’s Disciplinary Action against a Former Director of China Aoyuan Group Limited (Stock Code: 3883)
August 12, 2026

On 11 August 2026, The Stock Exchange of Hong Kong Limited censured Mr Tsui King Fai, former INED and audit committee member of China Aoyuan Group Limited (3883), and ordered him to complete 17 hours of regulatory, legal and Listing Rule compliance training covering Rule 2.13, directors’ duties and the [...]

SFC obtains 13-year disqualification orders against former top executives of China Candy Holdings Limited for corporate malfeasance
August 7, 2026

On 6 August 2026, The SFC secured 13-year director disqualification orders from Hong Kong’s Court of First Instance against three former senior executives of China Candy Holdings, namely former chairman Xu Jinpei, ex-CEO Hong Yinzhi and ex-finance chief Wang Zhihong. They masterminded fraudulent accounting scams via fake bank documents, sham [...]

Market Misconduct Tribunal finds Sir Dickson Poon culpable of insider dealing ahead of disclosure of HK$1.15 billion corporate windfall
August 3, 2026

On 31 July 2026, Hong Kong’s Market Misconduct Tribunal (MMT) handed down its judgment in a case brought by the SFC. Sir Dickson Poon, former Group Executive Chairman of Dickson Concepts, and his investment holding company were found liable for insider dealing. While possessing price-sensitive non-public information that the firm [...]

SFC reprimands and fines Luk Fook Securities (HK) Limited $2.1 million for inadequate cybersecurity control to fend off cyberattack
July 29, 2026

On July 28, The SFC reprimanded and fined Luk Fook Securities (HK) Limited $2.1 million for inadequate cybersecurity controls. The firm suffered a ransomware attack in September 2022 that crippled its core IT systems for around three weeks, leaving clients unable to trade online. The investigation uncovered systemic lapses including [...]

Exchange’s Disciplinary Action Against Redco Healthy Living Company Limited (Stock Code: 2370) and Two Current Directors
July 29, 2026

On July 28, The Stock Exchange of Hong Kong censured Redco Healthy Living Company Limited (2370) and its executive directors Mr Tang Chengyong and Ms Wong Yin Man, ordering the two directors to attend training. In 2022, without notifying the board, the two directors arranged subsidiaries to provide over RMB190 [...]