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.
To see the names of suspicious virtual asset trading platforms added to the Alert List since January 2020, please search by type and choose “Suspicious virtual asset trading platforms”.
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:
|Company name||Type||Add date|
|Yuan Mao Internationality||Unlicensed entities||21 Mar 2023|
|Yahui Global Co., Limited||Unlicensed entities||12 Nov 2021|
|Yahui Finance Co Limited||Unlicensed entities||4 Oct 2021|
|Yung Shiu International Financial||Unlicensed entities||29 Dec 2020|
|yuexiuny.com||Suspicious websites||21 Apr 2020|
|ytzc911.com||Suspicious websites||8 Aug 2019|
|YiQun International||Unlicensed entities||8 Aug 2019|
|Yingsheng Financial Investment Management Co., Limited||Unlicensed entities||19 Mar 2019|
|Yi Fu Guo Ji||Unlicensed entities||20 Feb 2019|
|Yi Fu Guo Ji||Unlicensed entities||1 Feb 2019|
|Yi Fu Guo Ji||Unlicensed entities||23 Jan 2019|
|Yi Qi Group||Unlicensed entities||5 Dec 2018|
|Yi Fu International||Unlicensed entities||29 Nov 2018|
|Yiguang Group (HK) Ltd||Unlicensed entities||10 Jul 2018|
|Yunnan Guochen Investment Co Ltd||Unlicensed entities||24 Nov 2015|
|Yang Chen Associates / Yang Cheng Associates||Unlicensed entities||6 Nov 2015|
|Yingchuan Investment||Suspicious websites||6 Jul 2015|
|Yad Lan Investments||Unlicensed entities||23 Sep 2013|
|YiXin International (Hong Kong) Fund Management Co., Ltd||Unlicensed entities||26 Jan 2011|
|Yingho International||Unlicensed entities||10 Jun 2008|
|Yardly Holdings Limited||Unlicensed entities||15 May 2007|
|York Commodities||Unlicensed entities||5 Jul 2006|
|Yamaichi Investments Ltd||Unlicensed entities||17 Jan 2006|
|Yinkou Securities Co. Ltd.||Unlicensed entities||8 Dec 2005|
|Youngson International Holding||Unlicensed entities||16 Mar 2005|
|Youngson International Holdings Limited||Unlicensed entities||16 Mar 2005|
|Yamato & Associates||Unlicensed entities||24 Jan 2005|
Do not respond to suspicious virtual asset trading platform (VATP) offers if its operator is not licensed. To check whether a VATP is licensed by the SFC, please visit our List of licensed virtual asset trading platforms.
Some VATPs that appear to operate in Hong Kong or target Hong Kong investors may not have a licence to provide virtual asset service or carry out regulated activities in the city. They may lure investors with too-good-to-be-true investment offers, falsely claim to be or soon to be licensed in Hong Kong and/or overseas, or promote themselves aggressively through social media, instant messages, so-called “key opinion leaders” (KOLs) or any other forms of advertisements.
If you deal with a VATP which is not licensed by the SFC, please note that it is unregulated and not supervised by the SFC. You may lose your entire investment held on the VATP if it ceases operation, collapses, is hacked or otherwise suffers from any misappropriation of assets. Seeking recourse against those VATPs without a nexus with Hong Kong can be very difficult and legal remedies may not be available.
Last update: 3 Oct 2020