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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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
S.P. Transfer and Traders Unlicensed entities 23 Jun 2011
Saba Capital Management Unlicensed entities 6 Aug 2013
Sabin Commodities, Inc. Unlicensed entities 31 Jul 2008
Sachs International, S.A. Unlicensed entities 15 Jun 2016
Saddle River Futures Unlicensed entities 7 Nov 2011
Safe Deed Limited Unlicensed entities 19 Nov 2018
Safe Mark Limited Unlicensed entities 12 Dec 2016
Safecoe Holdings International Ltd. Unlicensed entities 24 Mar 2006
Safeguard Equity Group Unlicensed entities 4 Nov 2008
Sage Consultants Unlicensed entities 14 Oct 2010
Sandford C. Bernstein (Asia) Limited Suspicious websites 29 Jul 2011
SCB Suspicious websites 4 Jul 2011
SCFS Trading Unlicensed entities 16 Jul 2013
Schapiro Global Inc Unlicensed entities 12 Mar 2010
Schmidt Karl Ludwig Unlicensed entities 16 Jan 2018
Schott-OFT Unlicensed entities 14 Feb 2014
Schrodersgroup Suspicious websites 30 Oct 2015
Schwartz Woodman Unlicensed entities 19 Dec 2005
Schwarz Oliver Thomas Unlicensed entities 29 Jul 2015
SCMART International Limited Unlicensed entities 26 Apr 2001
Scott Fitzgerald Group Unlicensed entities 19 Aug 2008
Sealand Trading (Hong Kong) Limited Others 28 Dec 2016
Seashell International Unlicensed entities 13 Aug 2019
Seattle Mercantile Exchange Fake regulators and/or market operators 17 Jul 2015
Secure Future Trading Unlicensed entities 27 Oct 2010
Secure International Exchange Committee Fake regulators and/or market operators 22 Sep 2010
Securities Group Singapore Unlicensed entities 29 Sep 2010
Securities Intermediary Bureau Fake regulators and/or market operators 21 Feb 2011
Securities Registry Board Fake regulators and/or market operators 10 Jun 2014
Security Electronic Technology (HK) Limited Unlicensed entities 19 Jun 2017
Sekulic Dragon Unlicensed entities 7 Jun 2010
Select Securities Limited Unlicensed entities 30 Nov 2018
Sengela Trding Limited Unlicensed entities 2 Jan 2020
Senta Information Ltd Unlicensed entities 14 Jun 2019
Sentinel Equity Inc Unlicensed entities 3 Sep 2013
Seoul Options and Futures Exchange Fake regulators and/or market operators 31 May 2012
Seres Bio Unlicensed entities 10 Feb 2017
SFM Limited Unlicensed entities 13 Dec 2018
SGS Consultants Limited Unlicensed entities 28 Sep 2011
SGS Global Limited Unlicensed entities 28 Sep 2011
SGtrade Unlicensed entities 24 Jul 2019
Shaffer Lienhard Unlicensed entities 21 Dec 2011
Shandong East Asia Mining Group Co., Ltd Unlicensed entities 30 Aug 2016
Shanghai Continental Futures Co. Ltd. / SCFS Group Limited Unlicensed entities 15 Nov 2012
Shanghai International Financial Group Unlicensed entities 7 Sep 2017
Shanghai Mercantile Exchange Fake regulators and/or market operators 22 Apr 2010
Share Founders Unlicensed entities 19 Mar 2020
Shearin Group Unlicensed entities 24 Oct 2014
Shelland Limited Unlicensed entities 2 Mar 2015
Shengshuziben Unlicensed entities 16 Aug 2019
Shengtai Group Unlicensed entities 15 Jun 2011
Shenyang Chenghao Securities Brokerage Co., Ltd Unlicensed entities 28 Feb 2018
Shenzhen Commodity Exchange Fake regulators and/or market operators 22 Aug 2014
Shenzhen International Group Unlicensed entities 3 Jan 2011
Shenzhen Lukfook Hushen Technology Ltd Suspicious websites 18 Jul 2013
Shepherds Hill Partners, Hong Kong Unlicensed entities 20 Mar 2014
Sheridan Wells Advisors Unlicensed entities 28 Sep 2018
Sherman Brothers Management Ltd Unlicensed entities 30 Apr 2002
Shi Fu Investment (Hongkong) Co Ltd / Shi Fu Jin Rong Capital Ltd Suspicious websites 20 Jul 2016
Shin Futures Unlicensed entities 1 Feb 2010
Shinhan Daiwa Brokerage Unlicensed entities 22 Feb 2018
Shinjuku Commodities Unlicensed entities 9 May 2016
Shinsei Associates Unlicensed entities 21 Aug 2012
Shintomi Trading Unlicensed entities 30 May 2013
Shitong Futures Suspicious websites 10 Oct 2017
Shixin Investments Holdings Ltd Unlicensed entities 27 Mar 2007
SHK Financial Group (China) Co. Ltd Suspicious websites 28 Apr 2010
Shore Capital Ventures Unlicensed entities 15 Dec 2014
ShwunSyin Investment Advisors (HK) Limited Unlicensed entities 29 May 2020
Sierra Holdings Limited Unlicensed entities 6 Aug 2018
Sigama Capital Management Unlicensed entities 2 Nov 2000
SigmaForex.com Unlicensed entities 16 Oct 2009
Silver Ridge Resources Unlicensed entities 16 Jun 2016
Simmons, Blake and Fritch Unlicensed entities 18 Dec 2001
Simon and Ross Incorporated Unlicensed entities 14 Aug 2014
Simons Griffin Financial Unlicensed entities 11 Jun 2015
Singliworld HK Pte Limited Unlicensed entities 25 Aug 2015
Sino Link Global Unlicensed entities 23 Jun 2017
Sino Options Trading Limited Unlicensed entities 2 Mar 2006
Sinoclear Trading Limited Unlicensed entities 15 May 2007
Sinopart Corporation Unlicensed entities 5 Mar 2012
Sinowest International Corp. Ltd. Unlicensed entities 18 May 2005
Skadden Rothman Unlicensed entities 29 Jan 2015
Skipton Asset Management Limited Unlicensed entities 24 Mar 2011
SkyCentury Group Unlicensed entities 13 Jun 2019
Sky-Markets Unlicensed entities 25 May 2021
Skywalker Capital (Hong Kong) Limited / 天行國際財富管理有限公司 (Chinese name only) Unlicensed entities 23 Aug 2018
Smallwood & Brown Ltd Unlicensed entities 5 May 2016
SMART International Hong Kong Limited Suspicious websites 1 Sep 2009
Smart Investment Group Unlicensed entities 14 Dec 2015
Smart Port Asset Management Unlicensed entities 1 Sep 2004
Smart Trade FX Inc. Unlicensed entities 17 Apr 2012
Smart Trading Signals LLC Unlicensed entities 14 Dec 2015
SMFund Unlicensed entities 3 Sep 2007
SMI Global Capital Ltd Unlicensed entities 20 Sep 2007
SMI Limited (BVI) Unlicensed entities 22 Feb 2005
Smith and Dalton M&A Unlicensed entities 17 Aug 2010
Smith and Henderson Unlicensed entities 15 Jun 2005
Smith and Olsson Unlicensed entities 18 Apr 2012
Smith Barney Phishes 28 Dec 2004
Smith Fairchild Unlicensed entities 17 Jun 2003
Smith Klein Venture Unlicensed entities 27 Apr 2005
SMS Associates Unlicensed entities 26 Feb 2019
Smythe Rutherford & Burns PLC Unlicensed entities 23 Sep 2002
Softbank CIBC International Unlicensed entities 7 Dec 2016
Softchange Inc. Unlicensed entities 2 Aug 2012
Soho Limited Unlicensed entities 25 May 2020
Soleil Chartered Investments Unlicensed entities 23 Dec 2016
Solid Global Investment Limited Unlicensed entities 12 Nov 2018
Solid Gold Finance Limited Unlicensed entities 14 Mar 2008
Solitaire Management Services Ltd Unlicensed entities 13 Oct 2004
Somerset Capital Limited Unlicensed entities 5 Dec 2016
Sompo Capital Group Unlicensed entities 23 Sep 2013
S-One Financial Unlicensed entities 28 Mar 2012
S-One Financial / Summit One Financial Unlicensed entities 15 Nov 2012
Source One International Unlicensed entities 20 Dec 2010
Southampton Investment Services International Unlicensed entities 9 Sep 2011
Southbourne Group Unlicensed entities 16 Mar 2017
Southeast Asia Traders Suspicious websites 2 Mar 2015
Southeast Asia Traders Unlicensed entities 22 Jan 2015
Southern Cross Mergers and Acquisitions Unlicensed entities 9 Jan 2008
Southstar (Asia) Limited Unlicensed entities 20 Mar 2014
Southstar Asset Management Limited Unlicensed entities 20 Mar 2014
Southstar Holdings Limited Unlicensed entities 20 Mar 2014
SouthTrust Bank Phishes 18 May 2005
Southwell & Stone Capital Partners Unlicensed entities 19 Jul 2016
Sovereign International Unlicensed entities 25 Nov 2010
Spark Global Limited Unlicensed entities 24 Mar 2020
SpartaMatrix Unlicensed entities 2 Nov 2004
Spartan FX / Spartan Management Asia Limited Unlicensed entities 6 Jun 2013
Spears Asia International Limited Unlicensed entities 30 Aug 2010
Spectrum Capital Management Unlicensed entities 15 Feb 2013
Spencer Associates Limited Unlicensed entities 9 Nov 2017
Spencer Capital Partners Unlicensed entities 19 Jun 2017
Spring Inc Unlicensed entities 1 Apr 2021
Stafford Reid & Lodge Unlicensed entities 27 Sep 2010
Standard Capital Intermational Coroperation Ltd Suspicious websites 24 Nov 2004
Standard Management Investment Limited Unlicensed entities 19 Jul 2016
Standard United Corporation Unlicensed entities 21 Jul 2008
Standard Wealth Management Limited Unlicensed entities 14 Aug 2013
Star Trader PTE Ltd Unlicensed entities 12 Feb 2020
Star Yao International (Hong Kong) Limited Unlicensed entities 20 Apr 2018
State Bridge Partners Unlicensed entities 22 Feb 2018
State Capital Limited Unlicensed entities 15 May 2007
Steel Mercantile Portfolio Unlicensed entities 8 Sep 2004
SteinMorgan International Ltd Unlicensed entities 7 Jul 2003
Stemark Limited Unlicensed entities 29 Oct 2009
Sterling Futures Ltd Unlicensed entities 27 Jun 2003
Sterling Futures Management Limited Unlicensed entities 27 Jun 2003
Sternfield Limited Unlicensed entities 6 Jul 2009
Sternwood Business Services Unlicensed entities 21 Apr 2011
Sternwood Trading Partners Co Ltd Unlicensed entities 12 Apr 2011
STG Limited / Shengtian International Financial Group / Shing Tin International Trading Limited Unlicensed entities 11 May 2018
Stock Swiss Unlicensed entities 26 Jul 2017
Stonebridge Securities Unlicensed entities 21 Dec 2015
Stonewell Finance Unlicensed entities 1 Jun 2006
Stowford & Proctor Asset Management Unlicensed entities 4 Oct 2013
Stratford International Limited Unlicensed entities 15 May 2007
Strauss Asset Management Unlicensed entities 8 Sep 2016
StrongOaks Risk Management Limited Unlicensed entities 8 Jul 2016
Stuartt Reed Kammer Unlicensed entities 29 Mar 2004
Suisse Option / Primary Stream Limited Unlicensed entities 19 Apr 2017
Sukumo Group Japan Unlicensed entities 6 Jun 2003
Summit Capital Management Unlicensed entities 26 Feb 2013
Sun Billion Limited Unlicensed entities 30 Jun 2009
Sunny Bullion Limited Unlicensed entities 6 Mar 2015
Sunrise Suspicious websites 6 Jul 2015
Sunrise Brokers Group Suspicious websites 26 May 2016
Sunrise Futures LLC Unlicensed entities 22 Mar 2010
Sunseeker Energy Limited Unlicensed entities 9 May 2016
SunTrust Bank Phishes 24 Nov 2004
Sunway International Unlicensed entities 9 Nov 2011
SVSFX Finance Limited Unlicensed entities 29 Jul 2019
SWFinvestguide Financial Services Inc. Unlicensed entities 18 Nov 2013
Swift Asset Management Ltd. Unlicensed entities 1 Feb 2006
Swift Tech Capital Unlicensed entities 13 Oct 2009
Swiss Corps Inc Unlicensed entities 18 Aug 2003
Swiss Private Capital Limited Unlicensed entities 16 Feb 2015
Swisscash Suspicious websites 6 Jun 2006
SwissMain Unlicensed entities 8 May 2017
Swordfish Financial Unlicensed entities 19 Apr 2018
Synergy Acquisitions Inc Unlicensed entities 24 Nov 2015
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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