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From Christine Gaylican, Opalesque Asia:

Prospective investors in Hong Kong and in other provincial states of China are advised to be cautious in their business dealings online as some bogus organizations claiming to be regulators have proliferated on the Internet.

In a statement (Source), the Hong Kong’s Securities and Futures Commission (HK-SFC) has issued a list showing illegitimate websites they have recently discovered claiming to be securities or financial services regulators.

“The SFC warns investors not to rely on any statements or representations from the fake regulators as none of these websites contain any legitimate materials,” the statement indicated.

The HK-SFC added that these websites are sophisticated and often contain up-to-date finance news to create a false impression of authenticity.

The following websites identified by the HK-SFC as bogus regulators are available at the Alert List on HK-SFC’s investor portal InvestEd (Source).

Fake websites:

• Financial Services Regulator of Hong Kong (www.fsrhk.org); • Hong Kong Financial Securities Board (www.hkfsb.org); • Hong Kong Financial Services Authority (www.hkfsa.org); • Hong Kong Financial Trading Authority (www.hkfta.org);

The HK-SFC further noted that ......................

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