Prediction markets and the essence of investment

Trading activities in “prediction markets” may currently constitute illegal gambling in Hong Kong. Individuals who participate in “prediction markets” do not have protections under any laws and regulations administered by the Securities and Futures Commission (SFC). If problems arise, it may be difficult or even impossible to seek recourse.

Be cautious of investment recommendations from unlicensed finfluencers

Investors should exercise caution when considering investment advice from finfluencers. Potential risks of unlicensed finfluencers include dissemination of misleading information, failure to disclose conflicts of interest, or even manipulation by fraudsters. Use the SFC’s “Public Register of Licensed Persons and Registered Institutions” to confirm whether a finfluencer is properly licensed.

Online talk: Financial management and insurance needs of retirees and seniors

Healthcare is a crucial factor for retirees and seniors, yet its costs are sometimes underestimated in retirement financial planning. Learn about the key factors retirees and seniors should consider when buying medical insurance. (Conducted in Cantonese)

The IFEC FinEd Hub

Visit the Hub for an immersive financial learning experience with interactive games. Book now for a free-of-charge visit at The Mills in Tsuen Wan. For enquiry, you are welcome to call 2394 7822.