Alert List

The Alert List is a list of entities which have come to the attention of the SFC because they are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. You can either search by name or by type to check whether an entity is already on the list. This is not a comprehensive list and new names are coming to our attention all the time. We will add to the list as we hear of new names. If you have been contacted by an unlicensed firm, it would be of assistance to the SFC if you would provide information on your dealings with that firm by completing our online complaint form.

For further information on boiler rooms, scam websites and phishes, please follow the links.

Note: The information contained on the Alert List is provided as an early warning service to investors but is not a substitute for investors conducting their own due diligence by checking up on a particular entity.

Please view the list by selecting the first alphabet that starts off the name of each entry or the sub-group labelled “Chinese” for entities bearing only Chinese names:

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Explanation (Click for details):
Search tips:

This is a keyword search based on exact phrases. To facilitate searching, please only enter the keywords "AAA" in the search field when searching for "AAA Co", "AAA Company", "AAA Ltd", "AAA Limited" or "AAA Inc".

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Chinese Others
Company name Type Add date
A and L Partners Hong Kong Limited Unlicensed entities 21 Jun 2017
A G Securities Limited Unlicensed entities 17 Jun 2002
A&L Partners Limited Unlicensed entities 21 Jun 2017
A.I.M. Corporation Limited Unlicensed entities 23 Dec 2015
A1 Trade Unlicensed entities 20 Nov 2018
AAFX Trading Capital / AAFX Trading Company Ltd Unlicensed entities 29 Mar 2017
Aaron Brett Unlicensed entities 26 Nov 2018
Aaron Real Estate Unlicensed entities 2 Apr 2020
Abacus Group Ltd Unlicensed entities 17 Jun 2002
Abacus Marketing Services Unlicensed entities 21 Oct 2009
Abberley Capital Unlicensed entities 18 May 2011
Abbey House Acquisitions Unlicensed entities 8 Aug 2006
ABBY Finance Limited Unlicensed entities 27 Jul 2018
ABC123 Group Unlicensed entities 12 Mar 2018
Aberdeen Lyle Group Unlicensed entities 13 Mar 2008
Able Will Development Unlicensed entities 18 Jul 2013
ABN Assets Suspicious websites 21 Sep 2005
Abney Associates Unlicensed entities 17 Oct 2012
Abraxas Global Asset Management Unlicensed entities 6 Dec 2019
Abridge Enterprises Unlicensed entities 20 Jul 2017
ABS Group Limited Unlicensed entities 12 Dec 2016
Accounts Manager Limited Unlicensed entities 13 Dec 2018
ACE International Unlicensed entities 28 Mar 2012
Ace Standard Holdings Limited Unlicensed entities 25 Aug 2016
Acetop Training Company / Acetop Global Markets Limited Unlicensed entities 9 Jul 2021
ACME Plan International Limited Unlicensed entities 29 Sep 2015
Acorn Strategic Group Unlicensed entities 23 Jun 2021
ACT Transfer Services Unlicensed entities 5 Sep 2012
Adderley Davis & Associates Ltd Unlicensed entities 17 Jan 2014
Adlisberg Financial Inc – Adlisberg Retail Client Division Unlicensed entities 30 Mar 2015
ADM Investor Services Limited Unlicensed entities 24 Nov 2010
Admiral Finance Group Unlicensed entities 17 Oct 2012
Admiral Global Private Equity Group Unlicensed entities 17 Mar 2016
Advance Management Services (Asia) Limited Unlicensed entities 10 Jun 2004
Advantage Asset Management Unlicensed entities 16 Apr 2014
Advantage Offshore Clearing Limited Unlicensed entities 20 Nov 2009
Advantage Securities Inc Unlicensed entities 22 Jul 2008
AEG Financial Unlicensed entities 19 Oct 2015
Aegis Corporation Ltd Unlicensed entities 21 Dec 2016
AF Index Limited Unlicensed entities 14 Dec 2020
AFC Management Limited Unlicensed entities 17 Oct 2017
Affirmative Management Ltd Unlicensed entities 5 Aug 2011
Agile Financial Unlicensed entities 17 Oct 2012
AGK Investments Unlicensed entities 16 Jun 2020
AgroMicron Limited Unlicensed entities 24 Sep 2009
AHLRATES Ltd Unlicensed entities 27 Jul 2015
AIA Group Investment Guarantee Limited Unlicensed entities 14 May 2013
Aichi BMO International Unlicensed entities 10 Mar 2017
Aim Global Insurance Management Limited Unlicensed entities 14 Feb 2019
Albertson Group Co Ltd Unlicensed entities 17 May 2018
Alex & Hazel Limited Unlicensed entities 30 Mar 2016
Alfort International Limited Unlicensed entities 19 Jul 2010
Algo Capitals / Algo Capital Unlicensed entities 6 Nov 2017
Allen Baker Unlicensed entities 23 Oct 2017
Alliance and Dunbar Unlicensed entities 10 Nov 2003
Alliance Capital Exchange Unlicensed entities 28 Mar 2012
Alliance Capital Group Unlicensed entities 29 May 2012
Alliance Capital Management Limited Unlicensed entities 29 Nov 2018
Alliance Consultants Unlicensed entities 5 Sep 2017
Alliance Transfer Inc. Unlicensed entities 21 Apr 2009
Allianz Financial Group (Hong Kong) Limited Unlicensed entities 11 Jan 2011
Allied Global Holdings Unlicensed entities 21 Nov 2013
Allied International Investment Limited Unlicensed entities 11 Jan 2002
Allied Pacific Ventures Ltd Unlicensed entities 11 Oct 2001
Allied Transfer Inc Others 30 Mar 2015
Alma Forex Unlicensed entities 16 Nov 2009
Alpha Consulting Unlicensed entities 7 Feb 2018
Alpha Group Suspicious websites 16 Oct 2009
Alpha Trade Unlicensed entities 5 Aug 2011
Alpinai Investments Unlicensed entities 3 Jan 2007
Alta Technology Limited Suspicious websites 16 Jul 2015
Altera Capital Limited Unlicensed entities 30 Jul 2018
Altera International Financial Limited Unlicensed entities 14 May 2018
Alternative Investments Advisors Unlicensed entities 18 Aug 2011
Altrice Investment Co. Limited Unlicensed entities 22 Nov 2019
ALV Group Unlicensed entities 15 Nov 2007
Amberfield Group Unlicensed entities 26 Aug 2016
Ambros Group Unlicensed entities 6 Sep 2011
Ambry Trading Co., Limited Unlicensed entities 21 Sep 2020
AMC International (HK) Limited Unlicensed entities 17 Nov 2016
American Energy Exchange (AMENX) Unlicensed entities 5 Jul 2006
American International Securities Inc. Unlicensed entities 16 Mar 2005
American Times Investment Group Unlicensed entities 7 Sep 2010
American Vertex Trading Corporation Ltd Unlicensed entities 17 Apr 2020
Ameri-Tech Industries Ltd Unlicensed entities 10 Nov 2003
Ametron Consultants Ltd Unlicensed entities 25 Jun 2003
AMT Associates Unlicensed entities 2 Jan 2020
Anderson Munro Unlicensed entities 19 Jul 2010
AngloAsia Capital Management Limited Unlicensed entities 21 Sep 2009
Anne Markets Limited Unlicensed entities 10 Aug 2010
Antek Global Consultants Limited Unlicensed entities 28 Sep 2011
Antek International Unlicensed entities 29 Mar 2011
Ao Global Investment (Hong Kong) Co Ltd Unlicensed entities 1 Feb 2016
APAC Finance Ltd. Unlicensed entities 18 May 2005
Apex Capital Partners Unlicensed entities 17 Oct 2012
Apex Equities Unlicensed entities 20 Jun 2016
Apex International Consulting Corporation Unlicensed entities 1 Apr 2016
Apex International Development Group Limited Unlicensed entities 25 Jul 2012
Apex Management Limited Unlicensed entities 30 Jul 2007
Apex Trade Group Pte Ltd Unlicensed entities 15 May 2007
API Mutual Fund LLC Suspicious websites 12 Feb 2008
API Premiere Swiss Trust AG Unlicensed entities 25 Mar 2015
Apollo International Wealth Investment Management Co., Ltd. / Apollo International Wealth Management Co., Ltd. Suspicious websites 13 Dec 2007
APTFund Suspicious websites 21 Feb 2006
Apuro Forex Unlicensed entities 6 Mar 2017
Apuro Holdings Limited Unlicensed entities 6 Mar 2017
Arcadia International Unlicensed entities 1 Mar 2018
Arendee Consulting Group Ltd Unlicensed entities 20 Aug 2012
Argus International Limited Unlicensed entities 17 Jan 2006
Aros Securities Unlicensed entities 19 Sep 2012
Arrow Capital Partners Unlicensed entities 14 Aug 2013
Art Max Technology Limited Unlicensed entities 15 May 2007
Arthur-Sera Limited Unlicensed entities 6 Jul 2016
Asakura Acquisitions Unlicensed entities 17 Jul 2015
Ascent Bright Tech Limited Unlicensed entities 10 Sep 2021
Ashford Financial Group Unlicensed entities 28 Mar 2012
Ashton Cole Global / Ashton Cole Global Investments / AC Global Investments Unlicensed entities 16 Feb 2017
Ashton Trading Worldwide Limited Unlicensed entities 15 May 2007
Ashwood Finance Unlicensed entities 12 Aug 2016
Ashwood Holdings Limited Unlicensed entities 4 Oct 2019
Asia & Pacific Holdings Japan Unlicensed entities 14 Jun 2017
Asia Alliance Ltd Unlicensed entities 22 Jul 2016
Asia Associates Unlicensed entities 3 Apr 2019
Asia Auction Inc. Unlicensed entities 22 Mar 2010
Asia Century Investment Limited Unlicensed entities 14 Jul 2017
Asia Dragon Capital Holdings Unlicensed entities 26 Apr 2017
Asia Dragon Group Unlicensed entities 19 Nov 2009
Asia Exchange Board Unlicensed entities 19 Aug 2010
Asia Futures Exchange / ASIAFEX Fake regulators and/or market operators 10 Oct 2017
Asia Pacific Asset Management Ltd Unlicensed entities 12 Apr 2005
Asia Pacific Brokerage Unlicensed entities 15 Jul 2016
Asia Pacific Fund Managers Ltd Unlicensed entities 12 Apr 2005
Asia Pacific Group Unlicensed entities 12 Apr 2005
Asia Pacific Group Investment Inc Unlicensed entities 12 Apr 2005
Asia Pacific Holdings Ltd Unlicensed entities 12 Apr 2005
Asia Pacific International Investment Trust Unlicensed entities 12 Apr 2005
Asia Pacific Investment Management Ltd Unlicensed entities 12 Apr 2005
Asia Pacific Limited Unlicensed entities 29 Jun 2015
Asia United Capital & Partners, Co Ltd Unlicensed entities 28 Feb 2002
Asia United International Ltd Unlicensed entities 11 Oct 2001
Asia Ventures Limited Unlicensed entities 16 Dec 2010
Asia World Capital Unlicensed entities 17 Feb 2014
Asia Yard Investments Ltd Unlicensed entities 28 Nov 2004
Asiaclear Trading Limited Unlicensed entities 15 May 2007
Asia-Europe Wealth Link Commodity Exchange Center Unlicensed entities 22 Nov 2019
Asian Direct Capital Management Unlicensed entities 30 Nov 2018
Asian Futures Trading Group Unlicensed entities 15 May 2014
Asian Investment Foundation Ltd Unlicensed entities 10 Nov 2003
Asian Mercantile Exchange Unlicensed entities 9 Jan 2017
Asiana FX Limited Unlicensed entities 10 May 2012
Asia-Pacific Finance and Investment Unlicensed entities 25 Jan 2010
Asset Grand Unlicensed entities 30 Jan 2019
Assets Brokerage Network Unlicensed entities 4 Jul 2007
Assets International S.A DE C.V Unlicensed entities 14 Feb 2011
Aston Hu & Associates Unlicensed entities 29 May 2013
ATB Holdings Unlicensed entities 2 Mar 2018
Atlantic Global Asset Management SA Unlicensed entities 1 Aug 2017
Atlantis Financial Unlicensed entities 2 Jun 2009
ATX Group Unlicensed entities 31 Jan 2012
AUBC (Asia) Capital Unlicensed entities 7 Jul 2015
AUS Capital (UK) Limited/ AUS Capital Limited Unlicensed entities 4 Dec 2018
Austral European Kft Unlicensed entities 26 Mar 2003
Authority Success International Limited / FXASI / AS International Unlicensed entities 31 May 2019
Ava Capital Markets Unlicensed entities 20 Dec 2013
Avid Investor, Inc Unlicensed entities 30 May 2002
AWDH Trading Limited Unlicensed entities 12 Dec 2016
AWI Financial Unlicensed entities 12 Jul 2013
Axa St John Unlicensed entities 28 Sep 2004
AXI Trader Unlicensed entities 7 Jul 2014
Axis Investment Group Unlicensed entities 12 Dec 2014
Unlicensed entities

Sometimes entities appear to target Hong Kong investors whilst not having been licensed to carry out regulated activities in Hong Kong. They often adopt names similar to legitimate financial institutions to confuse investors. Alternatively, such unlicensed entities may provide financial investment trading platforms on the Internet. If you deal with a company which is not licensed by the SFC, you may not be protected by the regulatory framework enforced by the SFC.

Deal only with licensed entities and hang up on cold callers. To check whether an entity is an SFC licensee, visit our Public Register of Licensed Persons and Registered Institutions.

Suspicious websites

Dubious websites may offer too-good-to-be-true investment opportunities (e.g. pre-IPO stocks of fabricated companies sold at huge discounts, or funds with guaranteed multiple returns) that do not actually exist. Alternatively, such websites may be fraudulent copycat websites imitating the websites of reputable financial institutions to lure investors to part with their money and/or disclose personal information that the fraudsters may later use to swindle investors.

Do not respond to investment website offers unless you are sure of the legitimacy of the entity.

Phishes

Phishes usually imitate legitimate financial institutions to despatch emails to entice recipients to disclose their credit card / bank account numbers and passwords / Personal Identification Numbers (PINs). If you provide this information, you may find your account is drained of money.

Most legitimate banks will never email you asking for your details or PIN. If in doubt, contact your bank directly.

Fake regulators and/or market operators

Creating a fake regulator and/or market operator website is one of the tricks used to deceive unwary investors into thinking that certain unauthorised financial institutions or intermediaries listed on that website are supervised by a real regulator and that they conduct their trades through a recognised market operator (e.g. stock exchanges). The scamsters create a website for a non-existent financial regulator or market operator with a plausible name. Such a website is usually sophisticated and often contains up-to-date financial news to create a false impression of authenticity. In fact, no such financial regulator or market operator exists under that name.

To check whether a financial regulator and market operator really exists, see the member lists of the International Organization of Securities Commissions and the World Federation of Exchanges respectively.

Others

Last update: 3 Oct 2020

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