Name: Wizard Asset Management Limited
Type: Unlicensed entities
Address(es): 3104-06, Central Plaza
18 Harbour Road
Wan Chai, Hong Kong
Remarks: The company offers brokerage and investment advisory services out of Indonesia, but indicates in most of its advertising literature that it has a Hong Kong registered office at the above.
Add date: 1 Aug 2001
Note: Unlicensed entities often use names similar to legitimate companies to confuse investors.
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.

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