The Hong Kong Securities and Futures Commission has temporarily revoked the license of former senior executive Pan Kanghai of the People's Futures for ten months.

According to the Zhitong Financial APP, the Securities and Futures Commission of Hong Kong (SFC) temporarily revoked the license of Pan Kanghai (male), the former head of Minzhong people's limited company (Minzhong) and the core functional supervisor responsible for overall management and supervision, for his supervisory lapses. The revocation period will last for ten months, from June 11, 2025 to April 10, 2026.