The Securities and Futures Commission of Hong Kong has initiated an investigation into suspected market manipulation activities involving the shares of Huanqiuzhinengkonggu Limited. The Market Misconduct Tribunal has commenced an inquiry into Ding Yi Feng Holdings Group International Limited, former chairman and non-executive director Sui Guangyi (male), two corporate entities, and 28 other suspects. The SFC alleged that Sui and 30 other suspects manipulated the trading of Asia Vets shares between October 31, 2018, and March 11, 2019, to artificially boost the stock price and volume, resulting in the creation of false or misleading appearances of active trading and related stock prices for Asia Vets. The matched transactions among the suspects' securities accounts represented a significant portion of Asia Vets' trading volume at critical times. As of December 31, 2018, Asia Vets accounted for 21.68% of Ding Yi Feng's total assets, leading to substantial investment returns due to the significant increase in Asia Vets' share price. The SFC had issued restriction notices to freeze securities accounts related to suspected market manipulation activities involving Asia Vets. These restriction notices are still in effect. (Securities and Futures Commission of Hong Kong)