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期货和衍生品行业监管动态

information shared by finfluencers. Some finfluencers who provide

investment-related content on social media and other online platforms may in fact be

conducting regulated activities for which they need to be licensed by the SFC.

Finfluencers who are not licensed may not adhere to the SFC’s requisite standards of

conduct and accountability, and investors may suffer by relying on their advice.”

“Before acting upon an investment advice, investors should ensure that firms and

individuals who provide the advice are properly licensed,” Mr Wilson added.

Notes:

1. Wong is licensed under the Securities and Futures Ordinance (SFO) to carry

on business in Type 1 (dealing in securities) and Type 4 (advising on securities)

regulated activities. Wong has been accredited to TSL as a licensed representative

since 20 August 2010.

2. Finfluencers, or financial influencers, are individuals who leverage social

media platforms to share investment-related content. Wong was also known as “股票
狙擊手” on a social media platform.

3. Under Schedule 5 of the SFO, “advising on securities” is a type of regulated

activity under the SFO. Under sections 114(1)(a) and 114(8) of the SFO, it is an
offence for a person, without reasonable excuse, to carry on a business in a regulated

activity without a licence from the SFC.

4. On 20 June 2024, the Eastern Magistrates’ Court convicted Wong of one

charge of carrying on a business of advising on securities when he was not licensed to

do so following his guilty plea. Wong was fined $10,000 and ordered to pay the SFC’s

investigation costs. Please see the SFC’s press release dated 20 June 2024.

https://apps.sfc.hk/edistributionWeb/gateway/EN/news-and-announcements/news/doc?

refNo=25PR35

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