Svmuu reported that the Hong Kong Securities and Futures Commission (SFC) has issued a notice stating it has observed online videos inducing the public to use the StableStock platform, which claims to allow subscriptions to Hong Kong IPO shares using virtual currencies. StableStock also claims to cooperate with another company, HabitTrade. In fact, neither StableStock nor HabitTrade is licensed by the SFC and is not permitted to engage in any regulated activities in Hong Kong; furthermore, they must not promote their services to the Hong Kong public, whether from within or outside Hong Kong. The SFC has added StableStock and HabitTrade to its alert list. The SFC reminds the public that unlicensed platforms are not regulated by the SFC, and the protection available to investors is very limited, with the potential risk of total loss.