Hong Kong Securities and Futures Commission warns the public to beware of suspicious investment products themed around AI sold by Jin Feng Lai and AGA

2026-01-16 09:26:28

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Techub News Alert: The Hong Kong Securities and Futures Commission (SFC) has issued a warning to the public to beware of a suspicious investment product themed around AI. The product involves a high-frequency trading scheme promoted and sold by Jin Feng Lai Limited (Jin Feng Lai) and Angel Guardian Alliance Technology Limited (AGA). The scheme has not been approved by the SFC for sale to the Hong Kong public and is suspected of violating the Securities and Futures Ordinance.

The SFC notes that Jin Feng Lai and AGA claim in their promotional materials that the scheme utilizes “AI Quantum High-Frequency Trading,” which can generate estimated monthly returns of 3% to 8%, with very low or no risk. Additionally, it has been reported that some investors encountered difficulties when withdrawing their investments from the scheme. As a result, the SFC has included this scheme and its related materials in the Suspicious Investment Products Alert List as of January 16, 2026. The SFC will take all appropriate actions against any illegal conduct.

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