Hong Kong's SFC has added SBCFX and related Star Bridge Capital entities to its unlicensed alert list
Hong Kong’s securities watchdog has declared broker SBCFX and many of its affiliated entities unlicensed, shortly after a collapse in trading that forced thousands of gold investors to lose their USDT holdings.
According to the reports, the SFC added SBCFX, Star Bridge Capital Group, Star Bridge Capital Pty Limited, and Topical Wealth International Ltd to its alert list on August 28, alongside the Chinese-language names 星橋資本 and 星橋資本集團. The warning links to the broker’s site, sbcfx.com.
| Name | Role / relationship | Jurisdiction / regulator | Licence or status | What the record shows |
|---|---|---|---|---|
| SBCFX | Online brokerage/trading brand | International; Hong Kong investor-facing presence | Not licensed by Hong Kong SFC | SFC lists SBCFX as an unlicensed entity and says it is not permitted to conduct regulated activities in Hong Kong or actively market such services to Hong Kong public. (SFC) |
| Star Bridge Capital Group | Parent/group name associated with SBCFX | International | Not licensed by Hong Kong SFC | Included by name in the SFC’s Aug. 28 warning as an unlicensed entity. (SFC) |
| Star Bridge Capital Group Pty Ltd | Legal entity identified by SBCFX as an operator | Australia / South Africa | ASIC AFSL 503908; South Africa FSCA FSP 54813 | SBCFX says the entity holds Australian Financial Services Licence 503908 and South African FSCA licence 54813. (SBCFX) |
| Topical Wealth International Ltd | Trading-name entity associated with Star Bridge Capital Group | Seychelles | Seychelles FSA Securities Dealer licence SD077 | Topical Wealth says it is authorised and regulated by the Seychelles FSA under SD077. |
| Topical Wealth International Ltd | Entity with Hong Kong connection disclosed on its website | Hong Kong / Seychelles | Not an SFC licence | Its website lists a physical address in Kowloon Tong, Hong Kong, while identifying its regulatory licence as Seychelles FSA SD077. |
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