Advertisement
Advertisement
TOPIC

SFC

SFC
The Securities and Futures Commission (SFC) is an independent statutory body set up in 1989 to regulate the city’s securities and futures markets. It works to ensure orderly securities and futures market operations, to protect investors and help promote Hong Kong as an international financial centre and a key financial market in China.
A view of Exchange Square in Central, which houses the headquarters of bourse operator Hong Kong Exchanges and Clearing, on August 19, 2026. Photo: Nora Tam
IPO

Tighter scrutiny of Hong Kong IPOs could slow deal flow, analysts say

CSRC and SFC wake-up calls to bankers and other intermediaries indicate emphasis on quality over quantity amid fervour for listings.

IPO

Hong Kong watchdog investigates Cloudbreak Pharma for ‘rigged’ IPO

Banking & finance

Record US$1.3 trillion pours into Hong Kong investment products

Hong Kong society

Why Chelsea football shirts are making Hong Kong fans nervous about crypto laws

Caught between their favourite football club and Hong Kong’s Stablecoins Ordinance, fans want to know if they can wear the tops openly.

videocam
6
Chelsea signed a deal to feature the USDC stablecoin brand on its jerseys in late August. Photo: AP
Chelsea fans make some noise at the Hong Kong Football Festival last month. Photo: Elson Li
Banking & finance

Hong Kong regulator reclassifies certain funds with exposure to private markets

The industry has increasingly focused on the risks of what was previously a booming private credit industry.

Hong Kong courts

Evergrande liquidators challenge watchdog’s HK$1 billion settlement with PwC

Developer’s liquidators are seeking to have agreement with PricewaterhouseCoopers Hong Kong quashed on the grounds of an abuse of power.

Advertisement
Advertisement
Advertisement
Hong Kong stock market

Hong Kong market regulator flags more firms on share concentration

SFC notes 13 cases so far this year, already close to last year’s total of 15, and warns a lack of public float can lead to high volatility.

The firms cited by the SFC are small- and mid-cap stocks, with market values between HK$600 million (US$89 million) and HK$9 billion. Photo: Yik Yeung-man
Blockchain

Hong Kong steps up its crypto hub challenge with tokenised fund

As the city looks to challenge the US as a global crypto hub, Baillie Gifford says the SFC has approved its blockchain-based tokenised fund.

Banking & finance

Hong Kong yuan facility to expand 150% to US$73.6b to meet international demand

The city will also vet a license application for a new electronic fixed income and currency trading system.

Banking & finance

Hong Kong assets hit record US$5.38 trillion on renewed China appetite: SFC

Net fund inflows soared nearly 200 per cent, supported by a tech-led stock rally and a 30 per cent rise in capital allocated to the mainland.

People walk through Central district in Hong Kong. Assets and wealth under management in the city have surged to a record high. Photo: Jelly Tse
Hong Kong society

Financial products or illicit gambling? Can Hong Kong regulate prediction markets?

Interactive Brokers’ offering in city puts legality of prediction markets in question as regulator stresses case-by-case approach.

Two of the largest platforms are New York-based Polymarket and Kalshi. Photo: Getty Images via AFP
Hong Kong courts

Filmmaker Raymond Wong begins jail sentence, giving up bail as he awaits appeal

Wong, 80, does not give reason for relinquishing bail, but starts serving five-month jail term after being convicted of insider trading.

China Evergrande Group

China Evergrande liquidators seek judicial review of SFC agreement with PwC HK

Failed developer’s creditors have been made HK$1 billion worse off by the agreement, liquidators say.

Banking & finance

Hong Kong regulators vow strict compliance as Beijing tightens capital controls

Regulators stress that Hong Kong’s role as an international financial centre must support China’s broader financial development objectives.

The Securities and Futures Commission (SFC) chairman Kelvin Wong Tin-yau. The increased scrutiny is part of Beijing’s efforts to strengthen oversight of capital flows. Photo: Sun Yeung
Stablecoins

Letters | Mind the gap between Hong Kong digital asset policy and practice

Readers discuss digital asset audits, the danger of setting a ride-hailing cap, and the bigger picture on allowing dogs in restaurants.

Sam Bankman-Fried, founder of collapsed cryptocurrency exchange FTX, leaves Manhattan federal court in New York in 2023. Photo: AP
Cryptocurrency

Hong Kong finalises crypto regulatory framework to lock in global hub ambitions

Under the new rules, firms providing advice or market analysis on virtual asset trading must meet strict capital requirements.

Hong Kong courts

Hong Kong producer Raymond Wong found guilty of insider trading

Court hears Wong advised sister to buy shares in company in which he held controlling stake, netting her more than HK$1 million in profit.

Advertisement
Advertisement
Advertisement
Accounting and auditing

Hong Kong court to hear Evergrande liquidators’ lawsuit against PwC on Monday

PwC faces fresh legal battle after SFC ordered HK$1 billion payout to Evergrande minority shareholders and AFRC imposed HK$300 million fine.

The one-day hearing against PwC is open to the public. Photo: Andy Wong
Banking & finance

Hong Kong regulator now a ‘collection agent’ for wronged investors

SFC follows international peers by pursuing compensation for victims rather than fines in some cases of securities misconduct.

Hong Kong courts

Hong Kong ‘block trade king’ exploited bank lapse to make HK$1.7m, court told

Prosecutors allege Simon Sadler and Daniel La Rocca used confidential information about planned block trade to sell more than 1.7 million Esprit shares.

HKEX

Editorial | Paperless stock market the way forward for Hong Kong

The fully digital system aims to boost efficiency and strengthen the city’s competitiveness as a leading financial centre.

People walk past digital displays of stock market data outside the Hong Kong exchange in Central on March 13. Photo: Jelly Tse
Banking & finance

Opinion | From the US to Hong Kong, there’s no excuse for insider trading

Far from a victimless crime, insider trading steals from the rest of us by unfairly using knowledge that is available only to the privileged.

US President Donald Trump and first lady Melania at the Kennedy Centre for the opening night of the musical Chicago on March 31. Oil trades spiked by half a billion dollars minutes before Trump posted a pause on the US attack on Iranian energy sites. Photo: Getty Images via AFP
HKEX

Hong Kong turns the page on paper shares as digital shift begins in November

Some 2,600 Hong Kong-listed firms will go paperless in stages over five years, with new listings issuing no physical certificates.

Hong Kong stock exchange

Editorial | HKEX should heed recommendations from Hong Kong’s securities watchdog

As the city’s stock exchange moves forward on listing reforms, it would do well to also improve vetting and maintain compliance standards.

Cryptocurrency

Has Hong Kong laid the groundwork to become a world-leading crypto hub?

With its regulatory clarity and superconnector edge, the city is drawing global crypto firms as it emerges as a premier Web3 hub.

videocam
Illustration by Lau Ka-kuen
HKEX

Editorial | HKEX’s listing reforms will boost Hong Kong’s competitiveness

The measures seek to widen access for innovative firms seeking capital while preserving the city’s standards of financial probity.

The Hong Kong Exchanges and Clearing at Exchange Square in Central, on March 13. Photo: Jelly Tse
Hong Kong stock market

SFC prepares to inspect Hong Kong IPO listing sponsors amid quality concerns

Market regulator will soon begin inspection of investment banks amid concerns about deficiencies in listing documents and misconduct.

Hong Kong stock market

SFC urges Hong Kong stock exchange to tighten listing, compliance rules

The Securities and Futures Commission made several recommendations to improve the stock exchange’s regulations.

Advertisement
Advertisement
Advertisement
Help preserve 120 years of quality journalism.
SUPPORT NOW
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement