Deep Tide TechFlow News. On April 27, the Investment Committee under the Hong Kong Securities and Futures Commission issued a document titled “Understanding the Nature of Investment from Prediction Markets,” in which it stated: prediction markets are a type of speculative market created for the purpose of making predictions. The trading activities or contracts in prediction markets are not investment products. The main characteristics include events available for prediction, trading operations, trading prices, returns, etc. Before considering any investment, investors should think carefully about the investment’s value, asset allocation, and the regulatory oversight and protections.

The Hong Kong Investment Committee said that members of the public participating in the trading activities of prediction markets are not protected by any regulations enforced by the Hong Kong Securities and Futures Commission. If problems arise, it may be difficult to recover losses, and in some cases, there may be no way to pursue accountability.