Jiangsu Securities Regulatory Bureau: Beware of false listings on Hong Kong's "pseudo exchanges" and guard against illegal fundraising of original stocks Odaily Planet Daily News: The Jiangsu Securities Regulatory Bureau recently issued a risk warning stating that illegal intermediaries have claimed that domestic companies can "list and ring gongs" on the Hong Kong Stock Exchange by paying fees, and provide "listing" services such as equity codes and website publicity. However, most of the related platforms are "fake exchanges" that package false listings through counterfeit official websites, forged gongs, and other means. Some companies listed on "fake exchanges" are suspected of illegal fundraising by taking the opportunity to promote their equity or so-called "original shares" to the public. Regulatory authorities remind investors to verify the qualifications of licensed institutions through the official website of the Hong Kong Securities and Futures Commission (SFC), not to believe in phrases such as "guaranteed high returns" and "internal original shares", not to transfer funds to private accounts or unofficial platforms, and to report suspected illegal fundraising clues to local authorities or public security in accordance with regulations.