SBI China Capital Financial Services Limited 軟庫中華金融服務有限公司

SFC obtains injunctions, suspects pump & dump of Ching Lee (3728) in 2016
SFC, 27-Aug-2019
The stock subsequently moved from GEM to the Main Board on 18-Sep-2017. The alleged manipulative scheme was planned and commenced before the listing on 29-Mar-2016 and lasted until the bubble burst on 7-Sep-2016. We note that the listing was sponsored by Kingsway Capital Ltd and the joint bookrunner was SBI China Capital Financial Services Ltd. As announced upon listing, the top 5 placees had 82.50% and the top 10 had 98.83% of the placing.
SFC issues restriction notices to 9 brokers freezing client accounts linked to suspected market manipulation of China Ding Yi Feng (0612) shares
SFC, 20-Mar-2019
We note that the Gazette Notices published on 29-Mar-2019 do not attach the normal "Statement of Reasons" that they refer to.
Bubbles and troubles in Hong Kong
Pour yourself a coffee and digest this long article as we investigate several ongoing abusive "open offers" and placings as well as show you who's been making out in multi-billion-dollar bubbles. We call on regulators and rule-makers to take action. (24-Sep-2015)
Court of Appeal says criminal procedures not applicable to SFC disciplinary process
SFC, 29-Nov-2010
Asser Li Kwok Keung v SFC
HK Court of Appeal, 26-Nov-2010
Godwin Chu Kwok Shing v SFC: costs
SFAT, 6-Aug-2010
SFAT affirms SFC decision to suspend Godwin Chu Kwok Shing for trading malpractice
SFC, 5-Jul-2010
Godwin Chu Kwok Shing v SFC
SFAT, 30-Jun-2010
SBI, E2 and Xinhua Finance
We reveal how a mini-investment bank was assembled and injected into two listed companies at great expense to them, then gradually sold off, and how at least some of the SFC-regulated firms came under the ownership of someone who now faces criminal charges in the USA in relation to newsletter stock promotion schemes for companies which include the first Chinese company to list in Japan. (18-May-2010)
SFC suspends Asser Li Kwok Keung for 18 months
SFC, 23-Mar-2010
Asser Li Kwok Keung v SFC
SFAT, 19-Mar-2010
SFC bans Mr Wong Hong Wah for 3 years
SFC, 25-Feb-2009
He and a colleague were banned on the grounds that the bid orders they entered and later cancelled "may not have been genuine". Orders are binding though - anyone could hit them. Nobody should be entitled to a signal from the order queues, and the SFC should stop encouraging that notion. Buyers and sellers are entitled to mask their intentions by placing orders in the other direction as long as they don't trade with themselves. When computers do it, it is called algorithmic trading. The bids also provided an opportunity to other sellers.
Asser Li Kwok Keung prosecuted for misleading the SFC
SFC, 3-Nov-2006

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