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The Hong Kong Securities and Futures Commission condemns Mega tech Asia Pacific for not declaring to the stock exchange about cross-border trading and fines them 8 million Hong Kong dollars.

09/09/2025

According to the Wise Finance app, on September 8, the Securities and Futures Commission of Hong Kong issued a reprimand and a fine of HK$8 million to Extreme Networks Asia Pacific Limited (Extreme Networks Asia Pacific) for failing to comply with the reporting requirements of the Hong Kong Stock Exchange (HKEx) regarding the declaration of trades or cross trades on both sides.

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