Hong Kong Securities and Futures Commission: 222 cases of fraud were reported in the first quarter of 2026, with the most serious case involving losses of over 20 million Hong Kong dollars.
According to the 36kr App, the Securities and Futures Commission (SFC) of Hong Kong announced today (April 29) that it has officially launched its official account on Xiaohongshu (Little Red Book), further expanding its online publicity channels to enhance communication and interaction with the public. In light of the increasing trend of complaints about fraud received by the SFC, and the increasingly sophisticated methods, investor education is becoming more important. In 2025, the SFC received 898 cases of fraud, a 39% increase from 2024. In the first quarter of 2026, there were 222 related cases, with the most severe case involving a loss of over 20 million Hong Kong dollars. This new platform will serve as another tool to strengthen the SFC's diverse investor education efforts.
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