New Year Holiday

HKEX’s markets will be closed on 1 January and will re-open as usual on 2 January.

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HKEX - Listing Regulations
Listing Regulations Explore By Role Rules & Resources Disciplinary & Enforcement News & Publications Sustainability & Corporate Governance Education Centre About Listing & Contacts
Disciplinary & Enforcement
Overview Disciplinary Procedures Enforcement Guidance Materials Disciplinary Sanctions Disciplinary Sanctions from 2001 to 2017 Enforcement Bulletin Enforcement Statistics Request for Assistance
Overview

Disciplinary & Enforcement

The Listing Regulation and Enforcement Department of the Listing Division is responsible for enforcing the Listing Rules, including investigating possible breaches and implementing the appropriate regulatory response, through disciplinary action if necessary. On this page, you can find more about the Exchange’s enforcement policy and casework, our disciplinary sanctions, and other useful information and guidance materials relating to enforcement matters.

 Subscribe for updates >  
Subscription Guide >

Subscribe to the HKEX News Alert service to receive email notification when we publish new disciplinary sanctions, Enforcement Bulletins, and other updates relating to Disciplinary & Enforcement. Please create an account and select the following options under “HKEX Website Updates”:


  • Corporate News Releases | Regulatory Announcements | Market Communications

  • Updates to Rules and Guidance on Listing Matters
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Disciplinary Sanctions
Details of sanctions imposed by the Exchange after disciplinary action.
View more
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Enforcement Bulletin
Read our latest publication on Rule compliance and enforcement work.
View more
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Enforcement Statistics
Find the statistics about our casework and sanctions.
View more
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Request for Assistance
Contact us if you have any information about these persons.
View more

Enforcement
Guidance Materials

Guidance materials in respect of enforcement of the Listing Rules

Enforcement Policy Statement >
Enforcement Sanctions Statement >
Statement on Settlement of Disciplinary Matters >
Guidance Note on Cooperation  >

Disciplinary
Procedures

Procedures applicable to disciplinary actions

Disciplinary Procedures – Listing Committee >
Disciplinary Procedures – Listing Review Committee >

News and Announcements

25 November 2025
 Exchange’s Disciplinary Action against Target Insurance (Holdings) Limited (Delisted, Previous Stock Code: 6161) and Six Directors
18 November 2025
 Exchange’s Disciplinary Action against Two Directors of Narnia (Hong Kong) Group Company Limited (Delisted, Previous Stock Code: 8607)
11 November 2025
 Exchange’s Disciplinary Action against KWG Group Holdings Limited (Stock Code: 1813), Six Current Directors and a Former Company Secretary