Infini Capital has confirmed that its business and investment operations “remain normal” following reports that Hong Kong authorities have launched an insider trading investigation involving multiple financial firms, accordoing to a report by Reuters.

The probe, announced by Hong Kong regulators on Thursday, led to the arrest of eight individuals and targeted two brokerages alongside a hedge fund in what authorities described as their largest crackdown in recent years. Sources have identified Infini Capital as one of the firms involved, while Citic Securities and Guotai Junan International have confirmed that their local units were also investigated.

In a statement on its website, Infini Capital said it is “consistently adhering to Hong Kong laws, regulations, and regulatory requirements” and is fully cooperating with authorities. The firm added that it would not comment on “unverified information” circulating in the market.

Infini Capital has been an active player in Hong Kong’s IPO and equity placement market, backing high-profile deals including offerings from AI companies SenseTime and Phancy Group.