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:

| |
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
R J MacAllistor Ltd Unlicensed entities 30 Jun 2004
R2B Suspicious websites 27 Jun 2018
Rabo Strategies Unlicensed entities 24 Dec 2012
Ralph & Susan Limited Unlicensed entities 28 Feb 2018
Ramsey Investment Partners Unlicensed entities 5 Nov 2013
Rapid Exchange / Rapid Gold Inc. Unlicensed entities 23 Jul 2013
RBM International Limited Unlicensed entities 22 Feb 2012
RDJR Unlicensed entities 10 Jan 2020
Red Shield Financial Unlicensed entities 24 Oct 2016
Red Sun M&A Unlicensed entities 10 Jun 2014
Redford Securities International Unlicensed entities 29 Nov 2012
Redstone Capital Partners Unlicensed entities 18 May 2020
Redwood Bay Investors LLC / RBIFX Unlicensed entities 26 May 2020
Reef Capital Advisors Unlicensed entities 2 Dec 2014
Regal Asset Investment / Regal Asset Investment LLC Unlicensed entities 14 Jul 2017
Regal Group International Unlicensed entities 9 Sep 2010
Regal Investment / Regal Investment LLC Unlicensed entities 7 Dec 2017
Regency Associates Unlicensed entities 27 Jun 2016
Regency Limited Unlicensed entities 19 Mar 2020
RegiGlobe Fake regulators and/or market operators 12 May 2011
Regions Bank Phishes 8 Feb 2005
Regulatory Compliance and Oversight Department Fake regulators and/or market operators 22 Sep 2017
Reich Global Ltd Unlicensed entities 22 Mar 2010
Rementon & Fitzgerald Unlicensed entities 10 Feb 2004
Renminbi Yuan Holdings China Unlicensed entities 31 Mar 2016
Resona Corporate Partners Unlicensed entities 5 Dec 2016
Resona International Management Unlicensed entities 27 Aug 2015
Reymount Investments Limited Unlicensed entities 5 May 2004
Reynolds Group Limited Unlicensed entities 13 Aug 2008
Rhino Asia Unlicensed entities 3 Aug 2016
Rich Futures (HK) Limited Unlicensed entities 8 Jan 2015
Richard-Blendmonde Unlicensed entities 13 Oct 2009
Richardson & Russell Holdings Unlicensed entities 13 Nov 2017
Richardson Resources Unlicensed entities 4 Aug 2004
Ridgestone Financial Unlicensed entities 29 Mar 2019
Rising International Management Company Limited Unlicensed entities 22 Nov 2017
Rising Speed International Limited Unlicensed entities 24 Jun 2019
Rive Financial Unlicensed entities 20 Nov 2008
Riverbrook Capital Unlicensed entities 9 Nov 2012
Riverton Financial Group Unlicensed entities 1 Feb 2006
RNK Global Unlicensed entities 10 Nov 2017
Robinson Franklin Unlicensed entities 21 May 2015
Rocket Consultant Group Unlicensed entities 13 Dec 2018
Rockwell & Bond S A Unlicensed entities 28 Jan 2003
Rockwell Escrow Services Others 9 Dec 2015
Rockwood M & A Unlicensed entities 19 Oct 2009
Ronghui Securities (Hong Kong) Limited Unlicensed entities 1 Jun 2020
Rosan World Investment Unlicensed entities 11 Aug 2016
Rosenthal International Unlicensed entities 30 Jun 2004
Roxboro Capital Investment / Roxboro Capital Investment Strategies Unlicensed entities 3 Sep 2013
Royal Asia Stock Transfer Services Unlicensed entities 15 Jul 2015
Royce Equity Management Unlicensed entities 22 Jan 2018
Royce Stanford Management Inc Unlicensed entities 20 Dec 2001
RS Finance (AUST) Limited / RS Finance Limited Unlicensed entities 3 Feb 2021
RTFX Group Limited Unlicensed entities 17 Jul 2020
Rubin Dunn Unlicensed entities 20 Feb 2017
Rui Long International Unlicensed entities 12 Apr 2018
Rusein International Investment Limited Unlicensed entities 3 Dec 2009
Russellville Limited Unlicensed entities 27 Sep 2016
Ryan & Roger Holdings Unlicensed entities 25 Aug 2016
Ryer Limited Unlicensed entities 1 Feb 2010
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

We use cookies to improve the website performance and user experience. If you continue to use this website, you are agreeing to their uses. Learn more about our privacy policy.