Hong Kong SFC adds Global Future City Holdings (Hong Kong) Company Limited to its alert list

sfc warning

Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that 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.

Added to the SFC Alert List is the company Global Future City Holdings (Hong Kong) Company Limited, operating at www.gf.city / www.gfla2016.com.

According to the SFC, Global Future City Holdings (Hong Kong) Company Limited is not associated with GF Securities (Hong Kong) Brokerage Limited, an SFC licensed corporation. It is apparently associated with Global Future City Holdings Inc., an unlicensed company on the SFC’s Alert List. The company has given a certain Hong Kong address but it does not seem to be operating there now.

The SFC Alert List can be seen here.

Read Also: