The Securities and Futures Commission (SFC) has issued a restraining notice to China International Capital Corporation Hong Kong Securities Limited (CICC) to prohibit CICC from processing or dealing with certain assets in customer accounts in connection with suspected insider trading.。

The SFC noted that it did not investigate CICC。The Restriction Notice will not affect CICC's business or other customers。

The Restriction Notice prohibits CICC from disposing of or dealing with, or assisting, encouraging or procuring the disposal or dealing with, any asset in the Account in any manner, up to a maximum amount, without the prior written consent of the SFC, including.

• (i) dealing in any securities; (ii) processing the withdrawal or transfer of any securities and / or cash on the instructions of any authorized person in the Account or any person acting on their behalf; (iii) disposing of or dealing with any securities and / or cash on the instructions of any authorized person in the Account or any person acting on their behalf; (iv) assisting another person in disposing of or dealing with any relevant property in a specified manner。

CICC must also notify the SFC immediately upon receipt of any such instruction。

Regulatory investigation is still ongoing。