Hong Kong’s Securities and Futures Commission (SFC) is currently examining claims of insider trading related to unusual trading patterns observed in the market.

The SFC is responsible for maintaining the integrity of Hong Kong’s financial markets and has the authority to investigate and prosecute individuals or entities suspected of engaging in illegal activities such as insider trading.

Insider trading involves the buying or selling of securities based on non-public, material information. It is illegal because it gives those with privileged information an unfair advantage over other investors.

The investigation is ongoing, and the SFC has not yet released any specific details about the companies or individuals involved.

If the SFC finds evidence of insider trading, it could pursue a range of penalties, including fines, imprisonment, and disqualification from serving as a director of a listed company.