Securities and Futures Commission

Hong Kong’s securities regulator, the Securities and Futures Commission (SFC), froze HK$125 million (US$15.9 million) in assets linked to a suspected market manipulation scheme. The SFC issued a restriction notice to brokerage Futu, prohibiting it from processing assets held by an entity accused of artificially inflating demand for IPO shares.

Hong Kong Exchanges and Clearing (HKEX) is considering extending trading hours to align with global peers and enhance Hong Kong's competitiveness as an international financial hub. HKEX and the Securities and Futures Commission (SFC) confirmed discussions about the proposal, though details remain unspecified. Options under review include closing at 5pm or 8pm.

Hong Kong Exchanges and Clearing (HKEX) is considering extending trading hours to align with global peers and enhance Hong Kong's competitiveness as an international financial center. Discussions, confirmed by HKEX and the Securities and Futures Commission (SFC), include options such as closing at 5pm or 8pm, though details remain unspecified.

Hong Kong plans to amend its securities laws in 2026 to attract more companies and real estate investment trusts (Reits) to list in the city, aiming to strengthen its position as an international financial center. The government will seek legislative approval to grant the Securities and Futures Commission (SFC) greater flexibility in handling listings.

Assets and wealth under management in Hong Kong surged to a record US$5.38 trillion in 2024, a 20% increase from the previous peak of HK$35.5 trillion in 2024, driven by renewed global investor appetite for Chinese assets, according to a report by the Securities and Futures Commission.

Hong Kong's managed assets reached a record US$5.38 trillion in 2024, driven by renewed global investor appetite for Chinese assets. This marks a 20% increase from the previous peak of HK$35.5 trillion in 2023, with the city gaining an edge over Switzerland as a wealth hub.

Southbound Stock Connect flows reached a record US$152 billion in the past year as mainland Chinese investors purchased HK$1.19 trillion in Hong Kong-listed shares. The surge reflects strong confidence in Hong Kong’s market driven by a booming IPO pipeline, according to the SFC’s annual report.

Southbound Stock Connect flows reached a record US$151.8 billion in the 12 months to March 2024, as mainland investors purchased HK$1.19 trillion in Hong Kong-listed shares, driven by the city's revival in IPO activity, according to the SFC's annual report.

Hong Kong plans to launch trading of five-year government bond futures on August 3 at the Hong Kong stock exchange, aiming to bolster the city's role as an offshore yuan hub. The initiative is supported by the Securities and Futures Commission (SFC) and Hong Kong Exchanges and Clearing (HKEX).

The Securities and Futures Commission (SFC) is proceeding with a HK$1 billion payout plan related to Evergrande. The plan indicates regulatory action to address financial obligations tied to the company.

The liquidators of China Evergrande Group are challenging the Hong Kong Securities and Futures Commission’s settlement agreement with PricewaterhouseCoopers (PwC) Hong Kong, alleging it harms creditors by HK$1 billion. They seek judicial review in Hong Kong’s High Court to block the agreement.

Hong Kong's Securities and Futures Commission has facilitated a record HK$1.5 billion settlement for wronged independent shareholders of Giordano International. Hundreds of investors queued at Edinburgh Tower in Central to claim their share of the largest settlement on record by the city's market regulator.