GCC Capital

HKEX and SFC Collaborate in Enforcement Action against Two Former Listed Company Directors for Non-Cooperation in Investigations

The Stock Exchange of Hong Kong Limited has taken disciplinary action against two former directors of TOMO Holdings Limited, Ms. Ma Xiaoqiu and Mr. Jin Lailin, for failing to cooperate with investigations conducted by both the Exchange and the Securities and Futures Commission (SFC). This marks the Exchange’s first disciplinary action of this nature, highlighting its collaboration with the SFC to ensure regulatory compliance and uphold market integrity. Both directors were publicly censured and deemed unsuitable for future directorial positions within TOMO or its subsidiaries.

Resources: https://www.hkex.com.hk/News/Regulatory-Announcements/2025/250812news?sc_lang=en

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