Hong Kong's SFC raided CCB International and China Securities International on May 27, seizing documents in an IPO misconduct probe targeting Chinese brokerages.

Hong Kong's SFC raided CCB International and China Securities International on May 27, seizing documents in an IPO misconduct probe targeting Chinese brokerages.

Hong Kong's SFC raided CCB International and China Securities International over suspected IPO misconduct, marking the second brokerage sweep in three months.