Southern Capital Ltd
SFC bans Suen Kin-wing, ex-UBS AG, for life
| Reasons for sentence
SFC, 2-Sep-2025
He's currently serving a 10-year jail sentence for fraud and theft of HK$134m of client money. Regarding client Yu Quan Li, in Suen's sentencing, the judge remarked "I accept that the monies from Yu were very likely originated from organised, illegal prostitution for which Yu pleaded guilty to the related offences and was sentenced to 15 years' imprisonment by the Mainland court."
SFC, 2-Sep-2025
He's currently serving a 10-year jail sentence for fraud and theft of HK$134m of client money. Regarding client Yu Quan Li, in Suen's sentencing, the judge remarked "I accept that the monies from Yu were very likely originated from organised, illegal prostitution for which Yu pleaded guilty to the related offences and was sentenced to 15 years' imprisonment by the Mainland court."
Yu Quan Li & Lou Xiao Jie v Suen Kin Wing
HK Court of First Instance, 20-Dec-2023
Mr Suen is jailed for 6 months for contempt of court.
HK Court of First Instance, 20-Dec-2023
Mr Suen is jailed for 6 months for contempt of court.
Yu Quan Li & Lou Xiao Jie v Suen Kin Wing
HK Court of First Instance, 31-Aug-2023
Mr Suen is found in contempt of court for having "dealt with" UK flats under development which were the subject of an injunction by assigning them to a BVI company that he owned. In the event, his assets were frozen and the company defaulted on stage payments for the apartments, so the developer forfeited the deposits. He is also held in contempt for failing to disclose his assets.
HK Court of First Instance, 31-Aug-2023
Mr Suen is found in contempt of court for having "dealt with" UK flats under development which were the subject of an injunction by assigning them to a BVI company that he owned. In the event, his assets were frozen and the company defaulted on stage payments for the apartments, so the developer forfeited the deposits. He is also held in contempt for failing to disclose his assets.
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