THE HKSRC ADDED SBCFX TO THE UNLICENSED COMPANY ALERT LIST
On 30 August, the Hong Kong Securities Commission placed entities operating under the name “Starbridge Capital” “Star Bridge Capital Group” “Star Bridge Capital Group” and “Topical Weather International Ltd” on the alert list, classified as unlicensed companies. According to the CSRB, these entities are not licensed or registered in Hong Kong under the Securities and Futures Ordinance, may not engage in any regulated activity in Hong Kong, and may not actively promote services to the public in Hong Kong. The SBCFX network shows that it provides services for transactions such as foreign exchange, indices, goods and encrypted currency. Previously, the capital of the Starbridge had an unusual silo for the London gold trade, after which the platform ' s Hong Kong office had been empty, making it more difficult to trace funds because some of the funds were received through the USDT stabilization currency。
