Advertising and misleading claims

Hong Kong IPO disclosure precedents · 2 companies, 2 items

Warning letters, fines or investigations concerning advertisements or public claims that violate advertising laws or mislead consumers (including environmental/sustainability claims).

Compliance matters are read from filings since 24 August 2026.

2026-08-31Application ProofNon-compliance

ANEW HEALTH LIMITED御康诺国际健康有限公司

12 December 2023: VG Zenith received a warning letter regarding website advertisements that potentially contravened the applicable advertising restrictions under the UMAO.
Business · p. 120

21 May 2026: VG Zenith and Victor Zenith each received four warning letters relating to various online and offline advertisements that potentially contravened the applicable advertising restrictions under the UMAO.
Business · p. 120

Our Directors confirm that no prosecution or follow-up enforcement action has been taken by the Department of Health against us, and as at the Latest Practicable Date, the warning letter issued on 12 December 2023 was already time-barred for prosecution.
Business · p. 120

The company's explanation, the adviser's view and the page in the filing: see Matters

2026-08-24ProspectusNon-compliance

SHEIN Global Holdings Limited希音国际控股有限公司00625.HK

For example, we were fined EUR 1 million by the Italian Competition Authority (AGCM) in 2025 after it concluded that certain sustainability-related statements on our website could mislead consumers.
Risk Factors · p. 72

The company's explanation, the adviser's view and the page in the filing: see Matters

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