HENGXIN SOFTWARE LIMITED 恒信軟件有限公司

SFC fines Zheshang International Financial HK$2.66m for regulatory breaches | Statement of Disciplinary Action
SFC, 15-Oct-2024
Another case involving the "Xinguanjia" Customer-Supplied System, which was produced by Hengxin Software Ltd.

Orgs
- ZHESHANG INTERNATIONAL FINANCIAL HOLDINGS CO., LIMITED

SFC fines Xinhu International Futures (Hong Kong) Co. Ltd. HK$9m and suspends its former responsible officer Ngai Wai for 9 months | Statement of Disciplinary Action
SFC, 9-Oct-2024
Another case involving the "Xinguanjia" Customer-Supplied System, which was produced by Hengxin Software Ltd.

SFC fines CSC Futures (HK) Ltd HK$4.95m for regulatory breaches | Statement of Disciplinary Action
SFC, 9-Oct-2024
Another case involving the "Xinguanjia" Customer-Supplied System, which was produced by Hengxin Software Ltd.

Orgs
- CSC FUTURES (HK) LIMITED

SFC suspends Andy Wong Yeung for 10 months | Statement of Disciplinary Action
SFC, 9-Jan-2024

SFC fines Lion Futures Ltd HK$2.8m for regulatory breaches | Statement of Disciplinary Action
SFC, 22-Nov-2023
By our count, this is the 7th brokerage involving a "Customer-Supplied System" from Hengxin Software, which allowed a single account to trade for multiple sub-accounts of mainland customers who did not have accounts with the broker.

Orgs
- Lion Futures Limited

SFC fines City International Futures (HK) Ltd HK$100k for regulatory breaches | Statement of Disciplinary Action
SFC, 9-Mar-2023
3 name-changes later, it is known as VERCAP Financial Services Ltd.

Orgs
- VERCAP Financial Services Limited

SFC fines Jinrui Futures (HK) Ltd HK$4.8m and sanctions its Responsible Officers for regulatory breaches | Statement of Disciplinary Action
SFC, 7-Feb-2023

SFC suspends Mr Tang Kai Shing, RO & MD of Rifa Futures Ltd, for 8 months | Statement of Disciplinary Action
SFC, 5-Sep-2022
This follows the HK$9m fine against his firm in Jul-2022 for Anti-Money-Laundering breaches.

SFC fines Rifa Futures Ltd HK$9m for AML breaches | Statement of Disciplinary Action
SFC, 25-Jul-2022
This case is the 4th in a series relating to "Xinguanjia" client software supplied by Hengxin Software Ltd, which allowed sub-accounts in Mainland China to hide behind a main account with the relevant brokerage.

Orgs
- Rifa Futures Limited

SFC fines South China Commodities Ltd HK$4.8m for regulatory breaches | Statement of Disciplinary Action
SFC, 14-Feb-2022
The firm is 100% owned by South China Financial (0619).

Orgs
- SOUTH CHINA COMMODITIES LIMITED
- South China Financial Holdings Limited

SFC fines Zhonghui International Futures Co Ltd HK$5m for regulatory breaches | Statement of Disciplinary Action
SFC, 20-Jan-2022

SFC fines Grand International Futures Co., Ltd HK$8m and suspends its RO Liang Benyou for regulatory breaches | Statement of Disciplinary Action
SFC, 30-Dec-2021