Hong Kong Regulator Fines Bright Smart Securities $2.8M for Wash Trade Detection Failures
SFC fines Bright Smart Securities $2.8M for inadequate wash trade monitoring controls over 22-month period.
Hong Kong Deposits Rise on Dollar Strength While Renminbi Holdings Slip
Hong Kong deposits rose 0.1% in June 2026, with HKD strength offsetting foreign currency declines, HKMA reports.
Hong Kong Regulator Fines Luk Fook Securities $2.1 Million Over Cybersecurity Failures
SFC fines Luk Fook Securities $2.1 million for cybersecurity failures that enabled a 2022 ransomware attack.