The Hong Kong Monetary Authority (HKMA) issued a website alert stating that the firm referred to on https://chinaskycredit.com does not have authorisation under the Banking Ordinance to carry on banking business or the business of taking deposits in Hong Kong. The HKMA reminded the public to verify the authorisation status of any organisation claiming HKMA approval before transferring funds or providing personal information, and directed users to the HKMA’s list of authorised institutions and its public enquiry service for status checks.