The Hong Kong Securities and Futures Commission (SFC) is warning the public to be wary of high-return "AI quantum high-frequency trading" investment s...
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Hong Kong's SFC warns about a suspicious AI quantum high-frequency trading investment promising high returns, with reports of withdrawal issues.
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GuardianGUYHong Kong SFCAI quantum high-frequency tradinginvestment warninghigh returnswithdrawal difficulties
Odaily Odaily reports that the Hong Kong Securities and Futures Commission (SFC) has issued an official warning, reminding the public to be wary of a suspicious investment product promoted by King Fung Lai and Angel Guardian Alliance Technology Limited. This product, themed around AI and involving so-called high-frequency trading arrangements, claims to offer investors monthly returns of approximately 3% to 8% through "AI quantum high-frequency trading." The SFC stated that it has received reports of investors experiencing difficulties in withdrawing their funds and urged the public to be vigilant.