SDM International Group (websdm.com) claims to be “a Hong Kong stock exchange registrar” offering approved corporate services and a “share certificate validation tool”. On 6 November 2026 Hong Kong’s Securities and Futures Commission named it as a suspicious or unauthorised operator.
A fake registrar is a share-fraud tool
Posing as a share registrar is a specific scam: victims are told their shares must be “validated” or a fee paid before shares can be sold or transferred. The official-sounding role is the hook. A genuine registrar is listed under the exchange’s rules, and the SFC has flagged this one instead.
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Verified evidence
- Hong Kong SFC warning on SDM International, via IOSCO I-SCAN, 6 November 2026
- Domain registered on 12 May 2012, an old domain now used for this operation
- Claims to be an approved Hong Kong share registrar
- Runs a “share certificate validation tool” and a shareholder portal
Where the fee demand comes in
Once you are told your certificate needs validating, the request for payment follows. Paying never frees the shares, because the registrar role is invented. Any demand to pay before you can sell or move shares should stop you cold.
If SDM International contacted you
Do not pay any validation or release fee. Keep every message and record, and report it to your bank and to Ettran so the case is documented.
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Sources: Hong Kong Securities and Futures Commission warning via IOSCO I-SCAN, 6 November 2026 (SDM International, websdm.com); public domain registration record (registered 12 May 2012); websdm.com home page viewed 9 November 2026.
