SFC & ICAC: suspected market manipulation and corruption, 2 ex-directors of listed company arrested
SFC, 25-Jul-2025
The fact pattern fits China Zenith Chemical (0362), which was ordered to be wound-up in Mar-2025. The ex-Chairman of CZC is Foebe Chan Yuk. An ex-ED of CZC is Chin Chun Hin, who was an RO of brokerage Bloomyears, against which the SFC issued a Restriction Notice on 21-May-2025.

• Orgs
  • China Zenith Chemical Group Limited
• People
  • Chan, Foebe Yuk 陳昱
  • Chin, Chun Hin 錢振軒

SFC issues restriction notice to broker Bloomyears Ltd | Restriction Notice
SFC, 21-May-2025
The Restriction Notice, published in the Gazette on 30-May-2025, reveals suspected window-dressing of accounts with bounced cheques and possible dissipation of client assets.