The Securities and Futures Commission (SFC) issued a public warning about a suspicious AI-themed investment product involving a high-frequency trading arrangement offered and marketed by Gold Fun Corporation Limited and Angel Guardian Alliance Technology Limited. The arrangement has not been authorised by the SFC for offering to the Hong Kong public, is suspected to breach the Securities and Futures Ordinance, and has been added to the SFC’s Suspicious Investment Products Alert List. Marketing materials claimed the arrangement uses “AI-based quantum high-frequency trading” to generate an estimated monthly yield of 3% to 8% with low or no risk, and the SFC has received reports of difficulties withdrawing investments. The SFC noted the arrangement appears to display characteristics of a collective investment scheme, highlighted offences relating to unauthorised invitations to the public and carrying on or actively marketing regulated activities without the required licence, and warned that investors in non-SFC authorised products have limited or no regulatory protection and may lose all invested funds.
Hong Kong Securities & Futures Commission 2026-01-16
Securities and Futures Commission warns against unauthorised AI-themed high-frequency trading arrangement marketed by Gold Fun and Angel Guardian Alliance Technology
The Hong Kong Securities and Futures Commission warned about an unauthorised AI-themed investment product by Gold Fun Corporation Limited and Angel Guardian Alliance Technology Limited, suspected of breaching the Securities and Futures Ordinance. The product, promising high returns with low risk, is on the SFC’s Suspicious Investment Products Alert List, with reports of withdrawal difficulties and potential investor losses due to limited regulatory protection.