Hearing adjourned in criminal prosecution for noncompliance with SFC notices in market manipulation investigations

Aug 13, 2026
Latest News SFC Hearing adjourned in criminal prosecution for noncompliance with SFC notices in market manipulation investigations

On August 13, 2026, the Eastern Magistrates’ Court adjourned the hearing in the criminal prosecution by the SFC against Mr Oliver Chow Pak Wah for noncompliance with SFC notices. Chow pleaded not guilty to three charges regarding failures to comply with notices issued in 2024. He was granted bail with specific conditions and the next hearing is set for 17 September 2026.

This article was generated using SAMS, an AI technology by Timothy Loh LLP.

On August 13, 2026, the Eastern Magistrates’ Court adjourned the hearing in the Securities and Futures Commission’s prosecution against Mr Oliver Chow Pak Wah to 17 September 2026.

Charges and Plea

Mr Chow pleaded not guilty to three charges under sections 184(1)(a) and 184(1)(c) of the SFO. The allegations involve failures to comply with notices issued on 24 July 2024, 9 August 2024, and 25 October 2024, requiring document production and interview attendance for two market manipulation investigations commenced under section 182.

Arrest and Proceedings

The prosecution was initiated following Mr Chow’s failure to attend hearings on 23 October 2025 and 4 December 2025. The SFC applied for arrest warrants on 4 December 2025 after his non-appearance.

Bail Conditions

Bail was granted subject to a HK$15,000 cash deposit. Conditions include surrendering travel documents, a prohibition on leaving Hong Kong, residing at a notified address, and reporting to a police station three times weekly.

Statutory Obligations

Under section 183(1) of the SFO, persons under investigation or those holding relevant information must produce records or attend interviews to answer questions. Non-compliance with these obligations constitutes the offences charged against Mr Chow.

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