Odaily Planet Daily reported that the Hong Kong Securities and Futures Commission (SFC) issued an announcement warning the public to be wary of suspicious investment products named "FoFund Duoduo No. 1" and "FoFund Duoduo No. 2," "Fo Coin," and "Taohuayuan NFT." These products involve management strategies related to virtual asset investments, digital tokens, and non-fungible tokens of related paintings. These investment products have not been authorized by the SFC for sale to the Hong Kong public. The SFC noted that the Hong Kong public can access information about these products through the relevant websites, social media accounts, and related mobile applications of these products. Earlier, Caixin reported that Qian Fenglei's Fofund fund wealth management products had been shut down.