Chairman of Hong Kong Securities and Futures Commission Emphasizes the Need for Investors to Enhance Judgment to Combat Digital Fraud
The Chairman of the Hong Kong Securities and Futures Commission, Huang Tianyou, delivered a speech at the "World Investor Week 2026" event organized by the International Organization of Securities Commissions. He pointed out that investment fraud primarily occurs through social media and instant messaging, with AI technology capable of quickly generating fake appearances, voices, and backstories. Online investment scams account for a significant proportion of total fraud losses in Hong Kong, with an average loss of about HKD 700,000 per case.
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