The probes have been ongoing for months, the people said. Such investigations can take years and may not always result in charges.
Hong Kong is probing allegations of insider dealing that involve at least two individuals at the stock exchange and the city’s financial regulator as well as brokers and social media influencers, according to people familiar with the matter.
Authorities are investigating if regulatory staff at Hong Kong Exchanges & Clearing Ltd. and the Securities and Futures Commission tipped off traders and others to upcoming announcements involving dozens of listed companies over several years, the people said, asking not to be named because they aren’t authorized to divulge the details.
