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SFC secures conviction in false trading prosecution involving China All Access shares

Dec 5, 2025
Latest News SFC SFC secures conviction in false trading prosecution involving China All Access shares

Ms Wong Yuk Lan, Administration Controller of China All Access, was convicted for false trading in the company's shares, ordered to custody for sentencing.

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

On December 4, 2025, Ms. Wong Yuk Lan, the Administration Controller of China All Access (Holdings) Limited, was convicted by the Shatin Magistrates’ Court for engaging in false trading of the company's shares. The prosecution was initiated by the Securities and Futures Commission ("SFC").

Wong was detained pending sentencing on December 17, 2025, as the court awaited a background report. It was established that Wong was the ‘de facto wife’ of Mr. Chan Yuen Ming, Chairman of China All Access. At the time, Chan held a beneficial interest in approximately 381.4 million shares of China All Access through a securities margin account operated by Creative Sector Limited.

Between December 29 and 31, 2014, Wong placed several bid orders for China All Access shares through her personal securities account. These orders were made in the final minutes before the market closed and at prices exceeding the prevailing market levels.

The court determined that Wong did not have a genuine purpose for purchasing China All Access shares. Instead, her actions aimed to create a false or misleading appearance of demand in the market to mitigate margin calls on Creative.

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