[Hong Kong Securities and Futures Commission: Beware of Unlicensed Platforms StableStock and HabitTrade] The Hong Kong Securities and Futures Commission (SFC) has issued a notice revealing that it has observed online videos encouraging the public to use the StableStock platform, claiming that virtual currencies can be used to subscribe to Hong Kong stock IPOs. StableStock also claims to collaborate with another company, HabitTrade. In reality, neither StableStock nor HabitTrade has been licensed by the SFC and is not permitted to conduct any regulated activities in Hong Kong. Furthermore, they are prohibited from promoting their services to the Hong Kong public, whether 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 investor protections are extremely limited, with the possibility of incurring total losses.