Group 1 - The initial expectation for Tencent's earnings report was positive, which was anticipated to strengthen the Hong Kong stock market, but the market reaction was unexpectedly negative [1] - The Hong Kong Securities and Futures Commission recently announced a case involving an unlicensed financial influencer who charged subscription fees for investment advice, highlighting the risks associated with unregulated financial advice [2][4] - The influencer, who operated a paid subscription group, earned a total of 43,680 HKD from 28 members, and was sentenced to six weeks in prison for operating without a license [4][5] Group 2 - The case serves as a warning to investors about the potential risks of following unlicensed financial influencers, emphasizing the importance of verifying the legitimacy of such advice [4][5] - The article reflects on the rise of financial influencers after the "924" market event, questioning the legitimacy and regulatory compliance of many who provide stock recommendations online [5] - It discusses the various profit models of financial influencers, including subscription fees and potential "pump and dump" schemes, indicating a lack of ethical practices in the industry [5]