The Hong Kong Securities and Futures Commission (SFC) has secured the conviction of Ms Wong Yuk Lan, Administration Controller of China All Access (Holdings) Limited, for false trading in the company’s shares. The Shatin Magistrates’ Court heard that Wong, described as the “de facto wife” of the company’s chairman, placed a series of bid orders through her personal securities account between 29 and 31 December 2014 in the final minutes before market close and at prices above prevailing market levels. The Court found she had no genuine purpose for buying the shares and intended to create a false or misleading appearance of demand to alleviate pressure from margin calls on an account through which the chairman held 381,400,000 shares. Wong was remanded in custody pending sentencing on 17 December 2025, subject to a background report.
Hong Kong Securities & Futures Commission 2025-12-04
Hong Kong Securities and Futures Commission secures conviction for false trading in China All Access shares
The Hong Kong Securities and Futures Commission secured the conviction of Ms Wong Yuk Lan for false trading in China All Access (Holdings) Limited shares. The Shatin Magistrates’ Court found Wong placed bid orders to create a misleading appearance of demand to alleviate margin call pressure. She is remanded in custody pending sentencing.