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Hong Kong SFC Warns of Suspect Investment Products 'Sheng' JIANGXIANG YUANXIANG JIU (VSFOLT) and 'Sheng•JIANGXIANG YUANXIANG JIU' RWA Token

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The Hong Kong SFC has flagged 'Sheng JIANGXIANG YUANXIANG JIU (VSFOLT)' and the 'Sheng•JIANGXIANG YUANXIANG JIU' RWA token as suspect investment products. These tokens claim to represent baijiu stock and shares in a Hong Kong-listed firm, offering profit-sharing. The SFC warns investors may face major or full losses. With the fear and greed index showing heightened risk-taking, altcoins to watch often include such high-risk assets. Investors are urged to stay cautious.
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