Hong Kong's ICAC has charged 39-year-old former SFC manager Tong Ka-lei with 12 counts of unauthorised access to internal computer systems to view confidential case files.
China and Iran are expanding scientific collaboration into rare earths, including processing technologies, through a joint workshop programme unveiled by their national science foundations.
Hong Kong's securities regulator warned against highly concentrated shareholdings in small- and mid-cap stocks, cautioning that limited ownership can drive sharp price swings.
The Hong Kong Stock Exchange (HKEX) is in early discussions to extend its trading hours, potentially to 5pm or 8pm, according to two sources. The move aims to enhance market competitiveness, though scrapping the lunch break is not being considered.
Hong Kong crypto platforms have until July 8, 2027, to replace one-time passwords (OTPs) with stronger security measures for client logins and device registration. The SFC requires firms to adopt authentication resistant to phishing, citing past fraud campaigns where OTPs were compromised. Licensed virtual asset service providers and internet brokers must implement these changes, with larger firms expected to act immediately.
Hong Kong's SFC has issued new rules for virtual asset trading platforms and online brokers, requiring phishing-resistant authentication like passkeys and hardware keys, and banning SMS/email OTPs. The move aims to bolster cybersecurity amid rising crypto scams.
Mainland Chinese investors bought a record HK$1.19 trillion (US$151.8 billion) in Hong Kong shares via Southbound Stock Connect in the past year, reflecting strong market confidence driven by a robust IPO pipeline. Average daily turnover of these inflows surged 84% year-on-year.
Neymar se tornou o maior artilheiro da história da seleção brasileira com 79 gols, superando Pelé. No entanto, em Copas do Mundo, ele ocupa a oitava posição.
Neymar se torna o maior artilheiro da história da Seleção Brasileira com 79 gols, superando Pelé. No entanto, em Copas do Mundo, ele ocupa a oitava posição.
Hong Kong's SFC is increasingly using monetary settlements, totaling HK$2.5 billion recently, to address financial misconduct. This aligns with global trends, prioritizing compensation for investors over lengthy legal battles and jail terms.
Lawmaker Ga'ma Diiddo, who took part in the SFC leadership’s meeting, said the opposition will not recognize Hassan Sheikh Mohamud as the legitimate president after his term expires
Hong Kong's Securities and Futures Commission signals ambitions to expand global influence in digital assets at the Web3 Festival, with executive director Eric Yip stating the city can be "more aspirational" now that it has a strong local foundation. The city granted its first two stablecoin issuer licences earlier this month and is advancing regulations for crypto dealers and custodians, while Beijing maintains a strict ban on mainland crypto activities.
