| Name: | Progressive Equity Advisors Ltd | 
| Type: | Unlicensed entities | 
| Address(es): | 83 Long Lane, London, the United Kingdom | 
| Website: | www.progressiveequityadvisors.net | 
| Remarks: | The company purports to have a Hong Kong presence by providing an invalid Hong Kong telephone number on its website. It is apparently associated with Hypa Asset Management Ltd, another unlicensed entity on the Alert List. | 
| Add date: | 9 Jun 2015 | 
| Note: Unlicensed entities often use names similar to legitimate companies to confuse investors. | |
                Unlicensed entities