Hong Kong’s Securities and Futures Commission added “Jin Gang Fund / Jin Gang Coin Issuance Limited” to its list of unlicensed companies after the entity allegedly claimed a Hong Kong address and provided a Hong Kong telephone number. The SFC said the entity is suspected of conducting unlicensed activities in Hong Kong and targeting Hong Kong investors without being licensed or registered under the Securities and Futures Ordinance. The regulator said the entity must not conduct regulated activities in Hong Kong or actively promote its services to the Hong Kong public, whether inside or outside Hong Kong.