Core Viewpoint - The Hong Kong Securities and Futures Commission (SFC) and the Independent Commission Against Corruption (ICAC) have launched a joint operation named "Leverage" to combat market manipulation and corruption involving a listed company and its former executives [1] Group 1: Joint Operation Details - The operation was initiated on July 23, 2025, targeting a sophisticated criminal group suspected of manipulating the shares of a listed company through corrupt practices [1] - Arrested individuals are accused of conspiring to use documents containing false information, including internal documents and announcements from the listed company [1] Group 2: Financial Implications - The suspects allegedly claimed that the listed company had reached a share subscription agreement with a mainland enterprise and was developing a joint project, involving funds exceeding 20 million Hong Kong dollars [1] - The involved listed company has had its trading suspended since March 2025 and has been ordered to be liquidated by the court [1]
香港证监会与廉署采取联合行动打击涉嫌市场操纵及贪污行为拘上市公司两前高层
news flash·2025-07-25 08:07