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 HK Equity Fund Limited, operating at hkequityfund.com.
According to the SFC, the company’s Hong Kong address is incomplete. The company also uses a bank account in Hong Kong in the name of Jenell Group Limited for settlement.
The SFC Alert List can be seen here.