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
Macao Management Unlicensed entities 27 Dec 2007
Macmillan Frasier Unlicensed entities 6 Jul 2009
MagKing Global Limited / MagKing Forex Unlicensed entities 5 Mar 2021
Magna Capital Research Unlicensed entities 20 Feb 2006
Magnusson Edward Unlicensed entities 29 Dec 2005
MAGV Securities Inc Unlicensed entities 7 Jul 2017
MAN Group Foundation Limited Suspicious websites 29 Nov 2011
Man International (Hong Kong) Group Limited Suspicious websites 22 Apr 2008
Mangsang Investment Group Ltd Unlicensed entities 16 Jun 2008
Manhattan Capital Corp Unlicensed entities 19 Sep 2012
ManlyFX Unlicensed entities 28 May 2018
Manniworth Co Ltd Unlicensed entities 11 Feb 2016
Marco Go Up Holding Limited Unlicensed entities 28 May 2019
Marcus Goodman & Phillips Consultants Unlicensed entities 26 Jan 2004
Mark & Melvin Limited Unlicensed entities 28 Aug 2017
Market Big Bear Group Ltd. Unlicensed entities 7 Sep 2015
Marketing Services International Unlicensed entities 30 Jun 2009
Markets Central Unlicensed entities 19 Mar 2010
Marshall & Grant Limited Unlicensed entities 2 May 2017
Martinez & Mannheim, S.A. Unlicensed entities 20 May 2003
MartinMoss and Garcia Unlicensed entities 10 Nov 2003
Marvont Group Unlicensed entities 2 Aug 2016
Masaru Associates Unlicensed entities 31 Jul 2008
Mason McHale Portfolio Management (Limited) Unlicensed entities 9 Mar 2004
Master Vision Group of Banks Unlicensed entities 18 Jul 2011
Masterfield Investment Group Unlicensed entities 4 Dec 2007
Masters & Bettman Unlicensed entities 1 Aug 2006
Matthew and Alexis Limited Unlicensed entities 24 Aug 2016
Max Global Bullion Ltd. Unlicensed entities 6 Mar 2015
Maxim Trader/Maxim Capital Limited Unlicensed entities 8 May 2015
Maxi-Trade Company Unlicensed entities 10 Nov 2004
Maxson & Associates Securities Limited Unlicensed entities 27 Feb 2008
Maxson Financial (H.K.) Co. Ltd Unlicensed entities 17 Jan 2008
Maxuel Golding Associated Incorporated Unlicensed entities 18 Aug 2003
Maynard & Breen Investment Services Unlicensed entities 19 May 2008
Mays Group Limited Unlicensed entities 6 Jul 2009
Mc Kenzie King Unlicensed entities 30 Jun 2004
McBain Baxter Holdings Limited Unlicensed entities 1 Sep 2004
McBain Baxter Holdings Pte Ltd Unlicensed entities 15 May 2007
Mcgraw/ DBA Unlicensed entities 31 Aug 2020
Mckenzie Goldstein & Associates Unlicensed entities 19 Oct 2004
McKenzie International Investments Unlicensed entities 24 Dec 2019
Mclintock Greer & Co Unlicensed entities 28 Sep 2011
MDF Capital Limited / MDF Trading Limited / Markets Direct Financial Group Limited Unlicensed entities 28 Feb 2018
Mega TradeHub Unlicensed entities 13 Dec 2018
Merc Management Limited Unlicensed entities 7 Apr 2017
Mercantile Capital Management Ltd Unlicensed entities 27 Jun 2003
Merchant Lerner & Associates Unlicensed entities 14 Nov 2006
Mercury Global Ltd. Unlicensed entities 14 Oct 2005
Meridian Equity Group Unlicensed entities 12 Sep 2016
Merit Capital Group Unlicensed entities 7 Mar 2003
Merit Prime Capital Unlicensed entities 6 Oct 2003
Merrill Lynch International (HK) Limited Unlicensed entities 18 Oct 2018
Merryl Morgan Unlicensed entities 26 Jul 2017
Metis Etrade LLC Unlicensed entities 27 Apr 2017
Metro Wide Investments Unlicensed entities 20 Jan 2012
Metroland Funds Management PTY Ltd Unlicensed entities 18 Jun 2020
Metropol Invest Group / Metropol Invest Group Limited Unlicensed entities 4 May 2018
MG Wealth Advisors Unlicensed entities 19 Oct 2015
MGX100Asia Unlicensed entities 4 Jun 2019
Mianchang Financial Holdings Hong Kong Limited Unlicensed entities 7 Dec 2017
Michael & Carlos Holdings Unlicensed entities 28 Aug 2017
Michael Ulrich Hartmann Unlicensed entities 19 Apr 2018
Midas International Unlicensed entities 18 Aug 2009
Middleton Associates Unlicensed entities 13 Nov 2020
Midland-Pacific Unlicensed entities 27 Aug 2015
Midway Financial Investment Group Unlicensed entities 9 Sep 2010
Midway Management Unlicensed entities 31 Jul 2019
Millennium Financial Ltd Unlicensed entities 29 Jan 2003
Miller Reid Unlicensed entities 29 Jun 2015
Million Tinkle International Unlicensed entities 22 Sep 2020
Milton Financials Unlicensed entities 30 Aug 2011
Milton Hayward Unlicensed entities 6 Jul 2009
Ming Dao International Trade Limited Unlicensed entities 17 Jun 2020
Miracle Asset Ltd Unlicensed entities 3 Jul 2008
Miraizo Group Limited Unlicensed entities 21 Jul 2020
Mission Finance Limited Unlicensed entities 22 Dec 2004
Mitsubishi Global Unlicensed entities 10 Oct 2017
Mitsui Credit Global Unlicensed entities 5 Dec 2016
Mitsui Financial Unlicensed entities 13 Dec 2007
Mitsui Holdings Unlicensed entities 30 Sep 2011
Mizuho International Financial Investment Company Limited Unlicensed entities 5 May 2016
MLI Limited Unlicensed entities 28 Jan 2016
M-Markets Unlicensed entities 8 May 2017
MNB Holdings Unlicensed entities 12 Jun 2017
Mohoon International Investment Ltd Unlicensed entities 2 Sep 2008
Momentum FX / Momentum Markets / Momentum Management Limited Unlicensed entities 2 Jun 2016
Monetary Authority of China Fake regulators and/or market operators 12 Mar 2010
Mong Company Ltd Unlicensed entities 17 Feb 2017
Montesiore & Lutz Limited Unlicensed entities 15 May 2007
Montgomery, Blake & Associates Unlicensed entities 23 Oct 2009
Moretti & Associates Unlicensed entities 1 Nov 2018
Morgan Capital Partners Unlicensed entities 19 Nov 2008
Morgan Financial Advisors / MFA International Holdings Limited Unlicensed entities 10 Jan 2008
Morgan Lansky Inc. Unlicensed entities 3 Aug 2005
Morgan Pacific Unlicensed entities 19 Nov 2001
Morgan&Bonds Unlicensed entities 11 Jul 2006
Moritzclear Research S.A. Suspicious websites 21 Sep 2015
Morley Thompson Unlicensed entities 15 May 2007
Morris and Kent Mergers and Acquisitions Unlicensed entities 16 Sep 2009
Morris Capital Partners Suspicious websites 2 Mar 2015
Morris Capital Partners Unlicensed entities 10 Jan 2014
Morris Commodities Unlicensed entities 21 Oct 2009
Morrison Cross Financial Investments Ltd Unlicensed entities 7 Jan 2002
Moss Securities Private Asset Management Unlicensed entities 13 Nov 2014
MPT Marketing Service / Mountain Peak Trading Limited Unlicensed entities 27 Aug 2007
MRT-Capital Unlicensed entities 14 Nov 2018
MSFG Capital Limited Unlicensed entities 5 Jan 2018
MTC Global Group / MTC Global Financial Services Group Ltd Unlicensed entities 21 Jan 2013
MultiWeb Media Corporation Unlicensed entities 29 Jan 2003
Mundial Securities Unlicensed entities 4 Oct 2013
Murray Merger Group Unlicensed entities 26 Jun 2012
MY FX STAR Unlicensed entities 19 Mar 2010
My Secure Escrow Unlicensed entities 1 Aug 2017
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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