PANews reported on December 24 that the Hong Kong Securities and Futures Commission (SFC) has listed "VSFOLT" (Sheng Maotai-flavor liquor) and its RWA token as suspicious investment products. These products claim to represent certain physical assets of baijiu (Chinese liquor) and shares of a Hong Kong-listed company, and state that investors can share profits upon product maturity. The SFC reminds investors to exercise caution.