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Hong Kong Securities and Futures Commission: Beware of suspicious investment products "Victory" Sauce Fragrant Original Liquor (VSFOLT) / "Victory•Sauce Fragrant Original Liquor" RWA Token
Odaily Planet Daily reports that the Hong Kong Securities and Futures Commission announced today that “Shengjiangxiang Yuanjiang Liquor (VSFOLT)” and “Sheng•Jiangxiang Yuanjiang Liquor” RWA tokens have been classified as suspicious investment products. It is understood that the related products claim to represent several physical assets of Baijiu raw liquor and shares of a Hong Kong-listed company. Investors can also share profits after the product matures. The Hong Kong SFC reminds investors to exercise extreme caution, as they may suffer significant or even total losses in the related investments.