SFC moves to freeze assets of 3 insider traders who have left Hong Kong
South China Morning Post
by Enoch YiuFebruary 24, 2026
AI-Generated Deep Dive Summary
The Hong Kong Securities and Futures Commission (SFC) has taken legal action against former HKEX listing division staffer Chan Ching-wa and his relatives Lam Cho-man and Chau Chi-kwong, accusing them of using non-public company information to trade shares of at least seven Hong Kong-listed companies between June 2020 and March 2025. The city’s Court of First Instance granted a worldwide interim injunction order freezing their assets, while the SFC also secured an interim injunction in the UK to freeze Chan and Chau’s assets there. These actions stem from Section 213 of the Securities and Futures Ordinance, which empowers regulators to seek compensation for victims of stock market malpractice.
The case highlights the SFC’s commitment to safeguarding investors’ interests by ensuring that those involved in insider trading face consequences. The freezing of assets is particularly significant as the trio has left Hong Kong and transferred their assets abroad, potentially evading accountability. This move underscores the importance of international collaboration among regulators to combat financial irregularities and protect market integrity.
The SFC’s actions demonstrate its dedication to enforcing securities laws and ensuring that wrongdoers cannot escape liability by moving their assets internationally. The case also serves as a reminder of the global nature of financial markets and the need for cooperation between regulatory bodies to uphold investor confidence. This ongoing legal
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Originally published on South China Morning Post on 2/24/2026