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Man arrested in Hong Kong over unauthorized brokerage investments

Police said the alleged scheme, using brokerage assets without authorization, caused estimated losses of HK$150 million after stock prices fell.

Reported · Written up by our desk · Emerging Markets

Hong Kong police have arrested a man on suspicion of making unauthorized investments using assets from a securities brokerage, according to the South China Morning Post.

The outlet reports the suspect, a 26-year-old investment manager at Chief Securities who worked for about six months as a trader, was arrested on suspicion of theft on Monday.

SCMP said the alleged investments were believed to have taken place between January 9, 2026 and Monday, with the manager allegedly using company assets and representing the firm without authorization.

According to SCMP, the losses were preliminarily assessed at about HK$150 million (US$19.1 million), after decreasing stock prices led to losses; the case was uncovered following internal audits and reported to police by a company director.

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