Page 64 - 期货和衍生品行业监管动态（2025年6月）

期货和衍生品行业监管动态

（3）香港的交易所交易基金和杠杆及反向产品总市值按年飙升 35%，创

5,200 亿港元的历史新高，占香港市场总成交额的比例达 15%。2025 年允许个股

杠杆及反向产品的推出更进一步丰富了产品多样性。

（4）获 SFC 批准的牌照申请数目按年增加 20%，机构牌照申请数量也取得

类似涨幅。

（5）香港高等法院根据《证券及期货条例》就一宗市场操纵案作出具有标

志性的裁决，判处历来最长的监禁刑罚。在另一宗牵涉康佰控股有限公司的企业

不当行为案中，SFC 达成历史性和解，使该公司的股东获得赔偿。

（6）为提升大众的防骗意识，SFC 通过港铁站广告和电视资讯娱乐节目，

加强其反欺诈宣传活动，观看人次预估超过 160 万。

（7）为支持其可持续发展，SFC 将其碳排放总量较基准减半，提前五年达

成中期目标。

《年报》及相关短片上传在 SFC 网站及其 Facebook、LinkedIn 及微信公众

号。

Hong Kong Capital Markets Gain Fresh Momentum From Innovation and

Connectivity Drives: SFC Annual Report (2025/6/25)

Vibrant market innovation and enhanced global connectivity fuelled notable

strides for Hong Kong’s capital markets over the past year with an upturn in

fund-raising and trading activities, according to the Annual Report 2024-25 of the

Securities and Futures Commission (SFC) released today.

The city has been fast evolving into a future-ready financial hub through

accelerated developments in virtual assets and securities tokenisation over the past

year. Meanwhile, on the back of reform measures introduced in the recent year,

rebounds in IPOs and secondary market trading have catapulted Hong Kong into the

world’s top fund-raising platform. Ties with the Mainland and international markets

have also been strengthened as well amidst a complex global landscape.

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