A former employee of Chong Hing Securities has been jailed and banned for life from re-entering the industry for defrauding his clients and misappropriating client money.
Tag: Securities and Futures Commission
Salisbury Securities directors given life bans
Two former directors of Salisbury Securities have been given a life ban from the industry after they used client investments for personal and business expenses.
Hong Kong fines asset manager
An investment portfolio manager in Hong Kong has been convicted of providing asset management services without first obtaining a licence from the Securities and Futures Commission (SFC).
HK fund management assets continue to rise
Hong Kong’s fund management business continued with its uptrend in 2013 with the combined assets at the end of the last year rising by nearly 27% over that of 2012.
SFC proposes review of fund NAV disclosure
The Hong Kong capital market regulator has begun a consultation which will review the disclosure requirements for the net asset value of funds.
RHB Asset Management floats maiden Islamic
RHB Asset Management has unveiled a Shariah-compliant actively managed Islamic balanced fund in Hong Kong, the first in the country.
Hong Kong looks to boost Islamic finance
Hong Kong’s financial regulator has said it is to work closely with the Malaysian authorities to develop its Islamic financial market and promote Shariah-compliant products to both local and international investors.
Pacific Sun lodges appeal with Hong Kong regulator
Andrew Mantel, the director of Pacific Sun Advisors, has lodged an appeal against his conviction for advertising a mutual fund to investors without regulatory permission in Hong Kong.
HK China mutual stock market access soon
The financial regulators of Hong Kong and China are working on a deal which will allow investors in both countries to participate in each other’s stock markets.
Victoire Asia gets regulatory nod for HK business
Victoire Asia Investments, a specialist fund management company, has received permission from the Hong Kong Securities and Futures Commission to start its business in the country.
