The Stock Exchange of Hong Kong issued 714 determination notices to C.A. Pacific Securities Claimants in May. 

Copies of the determination notices were sent to the Securities and Futures Commission requesting payment to the claimants.  A large majority of the 714 claims have been successful and bring to 2,344 the number of settled cases. 

The Exchange also issued a further batch of determination notices to 91 Forluxe Securities clients this month, bringing to 167 the number of determination notices to Forluxe claimants.

Since the passage of the Securities (Amendment) Bill in last November which stipulated the compensation arrangements for C.A. Pacific clients, and the Exchange Council’s resolution to adopt a similar approach to compensate clients of Forluxe Securities, Chark Fung Securities and Foreground Securities, a total of 2,571 determination notices have been issued to clients of C.A. Pacific Securities, Forluxe Securities and Foreground Securities.

The Exchange has started determing the claims of Chark Fung Securities clients and expects the first batch of determination notices to be issued at the end of June to clients of Chark Fung Securities.

Corporate Communications Department