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
LA Private Equity Unlicensed entities 29 Jul 2010
Lake Shore Asset Management Limited Others 22 Oct 2007
Lambert & Sons Incorporated Unlicensed entities 26 Aug 2016
Lambert and Sons Incorporated Unlicensed entities 15 Jul 2016
Lamprell bank Unlicensed entities 3 Feb 2017
Lance Global Solutions Limited Unlicensed entities 10 May 2010
Landmark Trade Services Ltd Unlicensed entities 21 Jul 2005
Lange Group Unlicensed entities 10 Dec 2020
Langford Nachman Unlicensed entities 12 Dec 2016
Lantau International Unlicensed entities 23 Jun 2011
LaSalle Bank Phishes 29 Jun 2005
Laverty Assets Limited Unlicensed entities 26 Mar 2003
Lawton & Yeung Unlicensed entities 23 Dec 2016
Lead Capital Partners Unlicensed entities 27 Sep 2016
Lead Global Ltd Unlicensed entities 10 Sep 2015
Lear Capital Group Unlicensed entities 15 Nov 2012
Leberman Steine Limited Unlicensed entities 15 May 2007
Lee Andrews Wright & Associates Unlicensed entities 6 Oct 2005
Lee, Young & Chan Unlicensed entities 3 Dec 2013
Lefroy Hudson Unlicensed entities 31 May 2012
Legacy Holdings International Ltd. Unlicensed entities 23 Mar 2006
Leonard Ullrich Neuman Unlicensed entities 12 Jul 2013
Letter Ann Financial Group Unlicensed entities 19 Jul 2013
Levin Mayer Unlicensed entities 22 Apr 2010
Levine & Levine Law Specialists Unlicensed entities 7 Feb 2018
Lexin International Futures (Hong Kong) Co Limited Unlicensed entities 10 Jul 2018
Lexinta Capital Management Limited/Lexinta Group Limited Unlicensed entities 10 Oct 2017
Lextin Capital Unlicensed entities 28 May 2019
Lexus Group Unlicensed entities 7 Dec 2016
LFG (Asia) Limited Unlicensed entities 6 Mar 2017
LGT German Investitions GmbH Unlicensed entities 7 Aug 2012
LGT German Investment GmbH Unlicensed entities 7 Aug 2012
LGT Investment Group Suspicious websites 15 Sep 2011
LGT-Investment Gmbh Unlicensed entities 7 Aug 2012
Liberty Capital International Limited Unlicensed entities 14 Dec 2001
Liberty Holdings Ltd Unlicensed entities 10 Jan 2017
Liberty Securities Unlicensed entities 20 Aug 2010
Liberty Stone Financial Unlicensed entities 24 Oct 2014
Link Mergers & Acquisitions Unlicensed entities 10 Aug 2006
Lion Group Holdings Limited Unlicensed entities 29 Nov 2018
Lionhill Partners Unlicensed entities 23 Apr 2013
Lisinex Unlicensed entities 14 Feb 2019
Lloyd & Mitchell Partners Unlicensed entities 26 May 2016
Lloyds and Barclays Inc. Unlicensed entities 1 Dec 2004
Logical Clearing Limited Unlicensed entities 21 Sep 2009
Long Zhen Investment Company Limited Unlicensed entities 12 Jan 2018
Longwood Trading Unlicensed entities 30 Jan 2012
Lots Financial Group Limited Unlicensed entities 18 Mar 2008
Loyal Relations (Hong Kong) Unlicensed entities 24 Sep 2009
LSE Acquisitions Unlicensed entities 20 Mar 2014
LSE Wealth Management Inc / LE Management Unlicensed entities 25 Apr 2014
LT Global Ltd / LT7 Global Ltd Unlicensed entities 14 Nov 2017
Ltrader International Limited / Ltrader Global Limited / Ltrader International (Hong Kong) Limited Unlicensed entities 6 Sep 2019
Luma Group Ltd Unlicensed entities 19 Oct 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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