The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle
Investment / Alternatives Summit - March / Oct / Nov
Investment Day - March / July / Sept / Oct / Nov
Private Wealth Summit - April / Oct / Nov
Family Office Summit - April / Oct / Nov
View Events | Register
This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $30 billion.
Hong Kong SFC Online Investment Scam Attracted 24,000 Clicks from Viewers, 50% Below Age 35
25th May 2021 | Hong Kong
Hong Kong Securities and Futures Commission (SFC) had ran an online investment scam campaign, attracting more than 24,000 clicks from viewers over 3 weeks, with 50% of clicks coming from young adults below the age of 35. Viewers who clicked on the banners were directed to a webpage in Chinese, where the SFC warned of stock tips and investment advice are often signs of ramp and dump scams. View: 24,000 clicks to this webpage
The campaign is part of Hong Kong SFC’s effort to educate investors lured by investment scams such as ramp and dump schemes and stock price manipulation, with arrests being made recently to crack down on syndicates operating investment scams.
Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle
Basic Member: $5 Monthly | $60 Yearly
Newsletter Daily 2 pm (Promo): $20 Monthly | $180 Yearly (FP: $680)
Hong Kong | Singapore
March / July / Sept / Oct / Nov
Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Join 20+ CIOs & Senior investment team, with > 60% single family offices with $300 million AUM. Taking place in Hong Kong and in Singapore. Every March, July, Sept, Oct & Nov.
Visit | Register here
10th April & 16th Oct Hong Kong Ritz Carlton | 24th April & 6th Nov Singapore Amara Sanctuary Resort
Join 80 single family offices & family office professionals in Hong Kong & Singapore
Links: 2025 Family Office Summit | Register here
March / Oct / Nov in Hong Kong & Singapore
Join leading asset managers, hedge funds, boutique funds, private equity, venture capital & real estate firms in Hong Kong, Singapore & Asia-Pacific at the Investment / Alternatives Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here
April / Oct / Nov in Hong Kong & Singapore
Join CEOs, CIOs, Head of Private Banking, Head of Family Offices & Product Heads at The Private Wealth Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here
“Hong Kong SFC Online Investment Scam Attracted 24,000 Clicks from Viewers, 50% Below Age 35”
Related:
- Hong Kong SFC: Police Arrested 12 People Suspected of Ramp & Dump Manipulation Schemes
- Hong Kong SFC Issues Restriction Notices to 13 Brokers for 54 Accounts Related to Social Media Scam
- Hong Kong & Singapore Regulators Warn Investors of Increased Trading Risks Triggered by Social Media & Online Forums
- Hong Kong SFC Warns of Investment Scams on Social Media Platforms
- Singapore Exchange Issues Alert on Stocks Trading Scam in Chat Groups
Simulated Online Investment Scam

The simulated online investment scam campaign is part of the Hong Kong Securities and Futures Commission (SFC) ongoing efforts to alert the public about the use of online platforms to defraud investors.
Hong Kong SFC created an online campaign, using web banners targeting at web users with an interest in stock trading and other investments. Web banners featuring language commonly used to lure potential victims to join scam-related chat groups were posted on local discussion forums, mobile investment applications and financial news websites over 3 weeks in April 2021.
Viewers who clicked on the banners were directed to a webpage in Chinese, where the SFC warned of stock tips and investment advice are often signs of ramp and dump scams. View: 24,000 clicks to this webpage
The Campaign Results

More than 24,000 viewers who clicked on the banners in the SFC’s online campaign, with around 50% being under 35. Younger people may be more vulnerable to these scams, and Hong Kong SFC urged less experienced investors to carefully consider and verify the information they read online before they invest.
The campaign targeted adults aged 18 to 65 in Hong Kong:
- 18-24 (19%)
- 25-34 age group (31%)
- 35-44 (14%)
- 45-54 (13%)
- 55-64 (23%)
SFC Actions – Arrested 12, Frozen $110 Million, Tackles IPO Misconduct
In March 2021, the Hong Kong Securities and Futures Commission (SFC) and Police arrested 12 people who are suspected of operating ramp-and-dump manipulation schemes of targeted stocks. Prior to the operations, the SFC had already issued 16 Restriction Notices and froze 63 securities accounts totalling $110.7 million (HKD 860 million) that are suspected to belong to the syndicate members.
In May 2021, Hong Kong Securities and Futures Commission (SFC) and Hong Kong Stock Exchange (HKEX) announced plans to tackle IPO misconduct, in view of problematic issues in recent IPOs that may have led to questionable arrangements that enabled market manipulation of the shares such as through the “Ramp and Dump Scheme.”
Investors to be Wary of “Inside Information”

Investors are urged to be wary when offered “inside information” or investment tips online, particularly when strangers on social media promote small cap or less liquid stocks.
These scams are often part of ramp and dump schemes* which can result in the collapse of a listed company’s share price. In some cases, scammers have impersonated well-known investment advisors and popular market commentators to draw victims into the scheme.
Ramp and Dump Scams

SFC Ramp & Dump
*A ramp and dump scam is a form of stock market manipulation, where fraudsters “ramp” up the price of a small counter, lure investors to buy at an artificially high price and then “dump”, ie, sell, the stock. Most of the time, investors do not know the true identities of the people who urge them to buy the stock or the reliability of the information they provide.
SFC Increased Warnings to Investors

In recent months, the SFC has warned the public about online scams in media interviews and its official Facebook page. It has also worked closely with the Hong Kong Police’s Anti-Deception Coordination Centre to produce short videos and hold community outreach events to raise public awareness.
Practical guidance on how to identify the warning signs of investment scams is available from the Investor Financial Education Council, an SFC subsidiary.
The SFC explains how online investment scams operate and provides tips for avoiding them in the latest edition of the Enforcement Report:
Hong Kong Securities and Futures Commission (SFC) Chief Executive Officer Ashley Alder
“Online investment scams may involve stock market manipulation and those who get caught up in them can suffer substantial losses. Investors should stay vigilant and make informed investment decisions rather than relying on stock tips circulating in chat groups or on social media platforms.”
Related:
- Hong Kong SFC: Police Arrested 12 People Suspected of Ramp & Dump Manipulation Schemes
- Hong Kong SFC Issues Restriction Notices to 13 Brokers for 54 Accounts Related to Social Media Scam
- Hong Kong & Singapore Regulators Warn Investors of Increased Trading Risks Triggered by Social Media & Online Forums
- Hong Kong SFC Warns of Investment Scams on Social Media Platforms
- Singapore Exchange Issues Alert on Stocks Trading Scam in Chat Groups
More:
- 2020 Top 10 Stock Exchange in the World
- 150 Stocks Suspended Trading on Hong Kong Stock Exchange for Missing Filing Deadline
- New York Stock Exchange Remains Market Leader for IPO in 2020, Raising $81.8 Billion
- Shanghai Stock Exchange is Now the World’s 3rd Largest Stock Exchange
- Tokyo Stock Exchange Halted Trading on 1st Oct Due to Technical Glitch, Resume on 2nd Oct
- Baidu IPO on Hong Kong Exchange, Price Remains Unchanged on Day 1
About Securities and Futures Commission (HK)
The Securities and Futures Commission (SFC) is an independent statutory body set up in 1989 to regulate Hong Kong’s securities and futures markets.
We derive our investigative, remedial and disciplinary powers from the Securities and Futures Ordinance (SFO) and subsidiary legislation. Operationally independent of the Government of the Hong Kong Special Administrative Region, we are funded mainly by transaction levies and licensing fees.
Visit: Hong Kong Securities and Futures Commission
For Investment Managers, Hedge Funds, Boutique Funds, Private Equity, Venture Capital, Professional Investors, Family Offices, Private Bankers & Advisors, sign up today. Subscribe to Caproasia and receive the latest news, data, insights & reports, events & programs daily at 2 pm.
Join Events & Find Services
Join Investments, Private Wealth, Family Office events in Hong Kong, Singapore, Asia-wide. Find hard-to-find $3 million to $300 million financial & investment services at The Financial Centre | TFC. Find financial, investment, private wealth, family office, real estate, luxury investments, citizenship, law firms & more. List hard-to-find financial & private wealth services.
Have a product launch? Promote a product or service? List your service at The Financial Centre | TFC. Join interviews & editorial and be featured on Caproasia.com or join Investments, Private Wealth, Family Office events. Contact us at angel@caproasia.com or mail@caproasia.com
Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?
The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle
2020 List of Private Banks in Hong Kong
2020 List of Private Banks in Singapore
2020 Top 10 Largest Family Office
2020 Top 10 Largest Multi-Family Offices
2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion
2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM
For Investors | Professionals | Executives
Latest data, reports, insights, news, events & programs
Everyday at 2 pm
Direct to your inbox
Save 2 to 8 hours per week. Organised for success
Register Below
Get Ahead in 60 Seconds. Join 10,000 +
Save 2 to 8 hours weekly. Organised for Success.
Sign Up / Register
Please click on desktop.
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2025 Investment Day
- March - Hong Kong
- March - Singapore
- July - Hong Kong
- July - Singapore
- Sept- Hong Kong
- Sept - Singapore
- Oct- Hong Kong
- Nov - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit
Contact Us
For Enquiries, Membershipmail@caproasia.com, angel@caproasia.com
For Listing, Subscription
mail@caproasia.com, claire@caproasia.com
For Press Release, send to:
press@caproasia.com
For Events & Webinars
events@caproasia.com
For Media Kit, Advertising, Sponsorships, Partnerships
angel@caproasia.com
For Research, Data, Surveys, Reports
research@caproasia.com
For General Enquiries
mail@caproasia.com
a financial information technology co.
since 2014