20 August 2020
The SFC has commenced criminal proceedings at the Eastern Magistrates’ Court against Ms Zeng Lingxi for obstructing employees of the SFC in the execution of a search warrant and in exercising the powers under the Securities and Futures Ordinance (SFO) during a search operation in May 2020.
The search warrant was executed at an office premises in relation to an ongoing investigation of possible market manipulation of the shares of a Hong Kong-listed company.
The Court adjourned the case to 30 September 2020 for mention.Zeng continues to be on cash bail of $1,000. She is not allowed to leave Hong Kong and has to reside at the address given in the summonses. The SFC would like to acknowledge the assistance of the Hong Kong Police Force and the Hong Kong Fire Services Department in the execution of the search warrant.