Page 51 - 期货和衍生品行业监管动态（2025年3月刊）

期货和衍生品行业监管动态

的持牌代表。

2. 金融影响者是指利用社交媒体平台分享投资相关内容的个人。黄在社交

媒体平台上也被称为“股票狙击手”。

3. 根据《证券及期货条例》附表 5，“就证券提供意见”是该条例下其中一

类受规管活动。根据该条例第 114(1)(a)及 114(8)条，任何人无合理理由而在未取

得 SFC 牌照的情况下，经营某类受规管活动的业务，即构成犯罪。

4. 2024 年 6 月 20 日，香港东区裁判法院在黄承认一项未取得牌照经营就证

券提供意见的业务的指控后，裁定他罪名成立。黄被处以罚款 10,000 元，并被

责令支付 SFC 的调查费用。请参阅 SFC 2024 年 6 月 20 日的新闻稿。

SFC Suspends Finfluencer for 16 months (2025/3/20)

The Securities and Futures Commission (SFC) has suspended Mr Wong Ming

Chung, a finfluencer known as Franky Wong and a licensed representative of Tse’s

Securities Limited (TSL), for 16 months from 19 March 2025 to 18 July 2026

following his criminal conviction for providing investment advice on a

subscription-based chat group on Telegram he hosted without a licence (Notes 1 to 4).

Although Wong was an SFC-licensed representative at the material time, he
could only act for the firm (ie, TSL) to which he was accredited in carrying on

business in regulated activities. However, he operated the Telegram chat group in his

personal capacity between 2 January 2018 and 21 May 2019.

In the circumstances, the SFC considers that Wong is not a fit and proper person

to remain licensed to carry on regulated activities due to his criminal conviction.

In deciding the sanction against Wong, the SFC has taken into account all

relevant circumstances, including his cooperation in resolving the SFC’s concerns.

The SFC’s Executive Director of Enforcement, Mr Christopher Wilson, said,

“Investors should remain vigilant and exercise caution when availing themselves of

40