News
Concentration warning in Capital Finance (8239)
SFC, 30-Sep-2025
At 8-Sep-2025, the top 25 holders held 90.54%.
SFC, 30-Sep-2025
At 8-Sep-2025, the top 25 holders held 90.54%.
SFC seeks court order to freeze assets up to HK$394m for investors compensation in suspected manipulation of Grand Talents (8516) shares
SFC, 30-Sep-2025
SFC, 30-Sep-2025
SFC fines Roofer Securities Ltd HK$2.1m for mishandling client money
| Statement of Disciplinary Action
SFC, 29-Sep-2025
SFC, 29-Sep-2025
SFC seeks court order to freeze assets up to HK$219m for investors compensation in suspected manipulation of KNT (1025) shares
SFC, 26-Sep-2025
SFC, 26-Sep-2025
Landmark compensation distribution to eligible Combest shareholders nears completion
SFC, 26-Sep-2025
SFC, 26-Sep-2025
SFAT affirms SFC decision to fine RaffAello Capital Ltd for sponsor failures
| SFAT Decision
SFC, 25-Sep-2025
SFC, 25-Sep-2025
Exeter alumnus David M. Webb MBE makes gift to endow Fellowship in Computer Science
Exeter College, Oxford University, 24-Sep-2025
Exeter College, Oxford University, 24-Sep-2025
Concentration warning in Shandong Hi-Speed (0412)
SFC, 18-Sep-2025
At 1-Sep-2025, the top 22 holders held 92.46%.
SFC, 18-Sep-2025
At 1-Sep-2025, the top 22 holders held 92.46%.
SFC bans Richard Charles Heyes, ex-RO of Citigroup Global Markets Asia Ltd, for 5 years
| Statement of Disciplinary Action
SFC, 16-Sep-2025
SFC, 16-Sep-2025
Sanction of Andrew Lo Kai Bong, Executive Chairman of LET (ex-1383) and Summit Ascent (ex-0102)
SEHK, 15-Sep-2025
SEHK, 15-Sep-2025
SFC seeks court order to freeze assets up to HK$82.4m against suspected manipulators of Smartac (ex-0395) shares
SFC, 12-Sep-2025
SFC, 12-Sep-2025
AFRC fines Prism Hong Kong Ltd, Kyaw Sai Hong and Yam Wai Man HK$353k for auditing without required registrations
Accounting & Financial Reporting Council, 11-Sep-2025
Mr Yam was previously fined by the HKICPA in 2022 for work while he was at Zenith CPA Ltd.
Accounting & Financial Reporting Council, 11-Sep-2025
Mr Yam was previously fined by the HKICPA in 2022 for work while he was at Zenith CPA Ltd.
Concentration warning in Zhong An Intelligent Living Service (2271)
SFC, 10-Sep-2025
At 27-Aug-2025, the top 15 shareholders have 96.73%
SFC, 10-Sep-2025
At 27-Aug-2025, the top 15 shareholders have 96.73%
SFC fines Instinet Pacific Ltd HK$8m for failure to report cross trades to the Stock Exchange
| Statement of Disciplinary Action
SFC, 8-Sep-2025
Involving 8,817 cross-trades worth HK$25.9bn. The misconduct occurred from 2012-2018. We don't know when it was discovered or why it took up to 7 years to resolve the SFC's concerns.
SFC, 8-Sep-2025
Involving 8,817 cross-trades worth HK$25.9bn. The misconduct occurred from 2012-2018. We don't know when it was discovered or why it took up to 7 years to resolve the SFC's concerns.
SFC suspends Chow Tsz Lam, ex-RO of Agg. Asset Management for 1 year for fund management failures
| Statement of Disciplinary Action
SFC, 4-Sep-2025
SFC, 4-Sep-2025
Concentration warning in Tse Sui Luen Jewellery (0417)
SFC, 4-Sep-2025
At 21-Aug-2025, the top 20 holders have 91.97%.
SFC, 4-Sep-2025
At 21-Aug-2025, the top 20 holders have 91.97%.
Concentration warning in Walnut Capital (0905)
SFC, 3-Sep-2025
Shares in CCASS not held by the top 20 holders are down to 5.35% at 25-Aug-2025. The last published net asset value of this Chapter 21 investment company was $0.222 at 31-Jul-2025 but the shares closed at $2.28 on 2-Sep-2025.
SFC, 3-Sep-2025
Shares in CCASS not held by the top 20 holders are down to 5.35% at 25-Aug-2025. The last published net asset value of this Chapter 21 investment company was $0.222 at 31-Jul-2025 but the shares closed at $2.28 on 2-Sep-2025.
5 more ex-directors of Superb Summit (ex-1228) disqualified for up to 4 years
| Judgment
SFC, 2-Sep-2025
SFC, 2-Sep-2025
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."
A gift to HK on our Founder's 60th birthday
Webb-site.com, 29-Aug-2025
Here's a first look at our league table of directors' pay in HK-listed companies, for years 2005-2023 which are almost complete. We'll release 2024 later. Thanks to all the volunteer editors who have made this possible. David M Webb MBE, 60 and counting!
Webb-site.com, 29-Aug-2025
Here's a first look at our league table of directors' pay in HK-listed companies, for years 2005-2023 which are almost complete. We'll release 2024 later. Thanks to all the volunteer editors who have made this possible. David M Webb MBE, 60 and counting!
Webb appointed MBE in UK honours list
| Gazette Notice
Webb-site.com, 14-Jun-2025
A statement from our Founder.
Webb-site.com, 14-Jun-2025
A statement from our Founder.
The Webb-site Repository
Webb-site.com, 1-May-2025
As promised, you can now download the Webb-site datasets and take our work forward.
Webb-site.com, 1-May-2025
As promised, you can now download the Webb-site datasets and take our work forward.
Trump's tariff own-goal
Webb-site.com, 3-Apr-2025
He apparently has no idea how much this will hurt US consumers and how little it will affect the trade deficit. Asian manufacturers and their investors can, to a large extent, sleep easy tonight.
Webb-site.com, 3-Apr-2025
He apparently has no idea how much this will hurt US consumers and how little it will affect the trade deficit. Asian manufacturers and their investors can, to a large extent, sleep easy tonight.
The coming end of Webb-site
Webb-site.com, 12-Feb-2025
Unfortunately, there are going to be some more changes around here. Our founder explains why. Updated 17-Mar-2025: thanks for all the good wishes and stand by for a data and software dump.
Webb-site.com, 12-Feb-2025
Unfortunately, there are going to be some more changes around here. Our founder explains why. Updated 17-Mar-2025: thanks for all the good wishes and stand by for a data and software dump.
On 18-Nov-2024, JPMorgan completed oustourcing its HK custodian business to HSBC, as shown in Webb-site CCASS Analysis
| HSBC custody at 2024-11-18
Webb-site.com, 20-Nov-2024
Webb-site.com, 20-Nov-2024
Knock it off, Judiciary: HK courts don't use gavels
Webb-site.com, 19-Oct-2024
The HK Judiciary persists in promoting an object never used in courtrooms as a symbol of law and juridical work. Why not promote something else not found in courts, like a rocket?
Webb-site.com, 19-Oct-2024
The HK Judiciary persists in promoting an object never used in courtrooms as a symbol of law and juridical work. Why not promote something else not found in courts, like a rocket?
IKEA removes smart-home products from HK, citing National Security Law
Webb-site.com, 12-Sep-2024
Not entirely consistent with the Government's goal to make Hong Kong a Smart City by investing hundreds of HK$ billions into "Innovation and Technology".
Webb-site.com, 12-Sep-2024
Not entirely consistent with the Government's goal to make Hong Kong a Smart City by investing hundreds of HK$ billions into "Innovation and Technology".
Putting Police in the Policy Address
Webb-site.com, 18-Aug-2024
A new name would set the right tone.
Webb-site.com, 18-Aug-2024
A new name would set the right tone.
Our stories
A gift to HK on our Founder's 60th birthday
Here's a first look at our league table of directors' pay in HK-listed companies, for years 2005-2023 which are almost complete. We'll release 2024 later. Thanks to all the volunteer editors who have made this possible. David M Webb MBE, 60 and counting! (29-Aug-2025)
Here's a first look at our league table of directors' pay in HK-listed companies, for years 2005-2023 which are almost complete. We'll release 2024 later. Thanks to all the volunteer editors who have made this possible. David M Webb MBE, 60 and counting! (29-Aug-2025)
The Webb-site Repository
As promised, you can now download the Webb-site datasets and take our work forward. (1-May-2025)
As promised, you can now download the Webb-site datasets and take our work forward. (1-May-2025)
Trump's tariff own-goal
He apparently has no idea how much this will hurt US consumers and how little it will affect the trade deficit. Asian manufacturers and their investors can, to a large extent, sleep easy tonight. (3-Apr-2025)
He apparently has no idea how much this will hurt US consumers and how little it will affect the trade deficit. Asian manufacturers and their investors can, to a large extent, sleep easy tonight. (3-Apr-2025)
The coming end of Webb-site
Unfortunately, there are going to be some more changes around here. Our founder explains why. Updated 17-Mar-2025: thanks for all the good wishes and stand by for a data and software dump. (12-Feb-2025)
Unfortunately, there are going to be some more changes around here. Our founder explains why. Updated 17-Mar-2025: thanks for all the good wishes and stand by for a data and software dump. (12-Feb-2025)
On 18-Nov-2024, JPMorgan completed oustourcing its HK custodian business to HSBC, as shown in Webb-site CCASS Analysis
| HSBC custody at 2024-11-18
(20-Nov-2024)
(20-Nov-2024)
Knock it off, Judiciary: HK courts don't use gavels
The HK Judiciary persists in promoting an object never used in courtrooms as a symbol of law and juridical work. Why not promote something else not found in courts, like a rocket? (19-Oct-2024)
The HK Judiciary persists in promoting an object never used in courtrooms as a symbol of law and juridical work. Why not promote something else not found in courts, like a rocket? (19-Oct-2024)
IKEA removes smart-home products from HK, citing National Security Law
Not entirely consistent with the Government's goal to make Hong Kong a Smart City by investing hundreds of HK$ billions into "Innovation and Technology". (12-Sep-2024)
Not entirely consistent with the Government's goal to make Hong Kong a Smart City by investing hundreds of HK$ billions into "Innovation and Technology". (12-Sep-2024)
Meaningless board games at HKEX, and how the UK FCA has just made an awful mistake
We review the proposals for a 6-seat and 9-year limit on so-called INEDs, along with other changes that do nothing to address HK's corporate governance deficit. Meanwhile, a slow-motion disaster is underway in the UK as it scraps fundamental investor rights. (28-Jul-2024)
We review the proposals for a 6-seat and 9-year limit on so-called INEDs, along with other changes that do nothing to address HK's corporate governance deficit. Meanwhile, a slow-motion disaster is underway in the UK as it scraps fundamental investor rights. (28-Jul-2024)
Help maintain the Webb-site Database
We are commencing the transition of the Webb-site Database to a crowd-sourced model. Whether it survives our Founder's doom depends on whether you, the users, are willing to volunteer your time, in a "Webbipedia" crowd-sourcing of corporate data. So please get involved, and you may get a free lunch at the end of the year. (19-May-2024)
We are commencing the transition of the Webb-site Database to a crowd-sourced model. Whether it survives our Founder's doom depends on whether you, the users, are willing to volunteer your time, in a "Webbipedia" crowd-sourcing of corporate data. So please get involved, and you may get a free lunch at the end of the year. (19-May-2024)
The HK budget supercomputer hallucination
According to Paul Chan's budget speech, at undisclosed taxpayer expense, HK is supposed to produce a machine 3 times more powerful than the world's current fastest, within 2 years, and without using the best chips which were banned by the USA from export to HK following imposition of the National Security Law on HK. (2-Mar-2024)
According to Paul Chan's budget speech, at undisclosed taxpayer expense, HK is supposed to produce a machine 3 times more powerful than the world's current fastest, within 2 years, and without using the best chips which were banned by the USA from export to HK following imposition of the National Security Law on HK. (2-Mar-2024)
Other news
Concentration warning in Capital Finance (8239)
SFC, 30-Sep-2025
At 8-Sep-2025, the top 25 holders held 90.54%.
SFC, 30-Sep-2025
At 8-Sep-2025, the top 25 holders held 90.54%.
SFC seeks court order to freeze assets up to HK$394m for investors compensation in suspected manipulation of Grand Talents (8516) shares
SFC, 30-Sep-2025
SFC, 30-Sep-2025
SFC fines Roofer Securities Ltd HK$2.1m for mishandling client money
| Statement of Disciplinary Action
SFC, 29-Sep-2025
SFC, 29-Sep-2025
SFC seeks court order to freeze assets up to HK$219m for investors compensation in suspected manipulation of KNT (1025) shares
SFC, 26-Sep-2025
SFC, 26-Sep-2025
Landmark compensation distribution to eligible Combest shareholders nears completion
SFC, 26-Sep-2025
SFC, 26-Sep-2025
SFAT affirms SFC decision to fine RaffAello Capital Ltd for sponsor failures
| SFAT Decision
SFC, 25-Sep-2025
SFC, 25-Sep-2025
Exeter alumnus David M. Webb MBE makes gift to endow Fellowship in Computer Science
Exeter College, Oxford University, 24-Sep-2025
Exeter College, Oxford University, 24-Sep-2025
Concentration warning in Shandong Hi-Speed (0412)
SFC, 18-Sep-2025
At 1-Sep-2025, the top 22 holders held 92.46%.
SFC, 18-Sep-2025
At 1-Sep-2025, the top 22 holders held 92.46%.
SFC bans Richard Charles Heyes, ex-RO of Citigroup Global Markets Asia Ltd, for 5 years
| Statement of Disciplinary Action
SFC, 16-Sep-2025
SFC, 16-Sep-2025
Sanction of Andrew Lo Kai Bong, Executive Chairman of LET (ex-1383) and Summit Ascent (ex-0102)
SEHK, 15-Sep-2025
SEHK, 15-Sep-2025
SFC seeks court order to freeze assets up to HK$82.4m against suspected manipulators of Smartac (ex-0395) shares
SFC, 12-Sep-2025
SFC, 12-Sep-2025
AFRC fines Prism Hong Kong Ltd, Kyaw Sai Hong and Yam Wai Man HK$353k for auditing without required registrations
Accounting & Financial Reporting Council, 11-Sep-2025
Mr Yam was previously fined by the HKICPA in 2022 for work while he was at Zenith CPA Ltd.
Accounting & Financial Reporting Council, 11-Sep-2025
Mr Yam was previously fined by the HKICPA in 2022 for work while he was at Zenith CPA Ltd.
Concentration warning in Zhong An Intelligent Living Service (2271)
SFC, 10-Sep-2025
At 27-Aug-2025, the top 15 shareholders have 96.73%
SFC, 10-Sep-2025
At 27-Aug-2025, the top 15 shareholders have 96.73%
SFC fines Instinet Pacific Ltd HK$8m for failure to report cross trades to the Stock Exchange
| Statement of Disciplinary Action
SFC, 8-Sep-2025
Involving 8,817 cross-trades worth HK$25.9bn. The misconduct occurred from 2012-2018. We don't know when it was discovered or why it took up to 7 years to resolve the SFC's concerns.
SFC, 8-Sep-2025
Involving 8,817 cross-trades worth HK$25.9bn. The misconduct occurred from 2012-2018. We don't know when it was discovered or why it took up to 7 years to resolve the SFC's concerns.
SFC suspends Chow Tsz Lam, ex-RO of Agg. Asset Management for 1 year for fund management failures
| Statement of Disciplinary Action
SFC, 4-Sep-2025
SFC, 4-Sep-2025
Concentration warning in Tse Sui Luen Jewellery (0417)
SFC, 4-Sep-2025
At 21-Aug-2025, the top 20 holders have 91.97%.
SFC, 4-Sep-2025
At 21-Aug-2025, the top 20 holders have 91.97%.
Concentration warning in Walnut Capital (0905)
SFC, 3-Sep-2025
Shares in CCASS not held by the top 20 holders are down to 5.35% at 25-Aug-2025. The last published net asset value of this Chapter 21 investment company was $0.222 at 31-Jul-2025 but the shares closed at $2.28 on 2-Sep-2025.
SFC, 3-Sep-2025
Shares in CCASS not held by the top 20 holders are down to 5.35% at 25-Aug-2025. The last published net asset value of this Chapter 21 investment company was $0.222 at 31-Jul-2025 but the shares closed at $2.28 on 2-Sep-2025.
5 more ex-directors of Superb Summit (ex-1228) disqualified for up to 4 years
| Judgment
SFC, 2-Sep-2025
SFC, 2-Sep-2025
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."
Previously on Webb-site.com
Check out our full list of articles in the archive, since our launch in 1998.
Check out our full list of articles in the archive, since our launch in 1998.
Webb-chips: current disclosed holdings
Today's big birthdays, 27 October
more from Webb-site Who's Who
more from Webb-site Who's Who
Sign up for our free newsletter
Recommend Webb-site to a friend
Copyright & disclaimer, Privacy policy