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Mingyi Jin Hui: Claimed near 100% profits exposed as fake?"

Mingyi Jin Hui: Claimed near 100% profits exposed as fake?"

KnowFXKnowFX
2024-02-27
Summary:An investment teacher and an investor discuss the popularity and insights of 'Mingyi Jinhui' and 'Mingyi Asset Management'.

Mingyi JinHui

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The article uses the background of finance and economics taught by Teacher Liu Hong to invent an "Investment Philosophy" providing valuable advice to investors for achieving stable returns. Coincidentally, it comes at a time of complaints from investors, sharing the "stable returns" concept by this teacher.

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It is evident from just one month's data that nearly 100% profit can be achieved across various stocks, and investors have confirmed recharging into a private account. The displayed profit rate is almost unbelievable to the investors. To clarify, the data provided by the agency teacher might be susceptible to Photoshop manipulation or outright fabrication, so novice investors should not blindly trust the presented data tables.

About "Mingyi JinHui", its detailed information couldn't be found on any major third-party regulatory platforms or third-party broker platforms. Instead, another version of the story titled "Mingyi JinHui reshaping the stock market" could be seen on some media platforms.

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The article provides a few pieces of information:

  1. Mingyi JinHui is a stock copy-trading platform jointly developed by "Hong Kong Mingyi Asset Management Co., Ltd." and the country's top securities software developer "Compass".
  2. The company is an independent investment advisory firm established in 1996 (same as Mingyi Asset Management).

However, "Mingyi JinHui" mostly appears online in promotional advertisements without any independent investment advisory company's official website. A prompt follow-up on "Mingyi Asset Management (Hong Kong Mingyi Asset Management Co., Ltd.)" was carried out.

Mingyi Asset Management

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Hong Kong Mingyi Asset Management Co., Ltd. is a type of non-Hong Kong registered company, also established in 1996, based in the British Virgin Islands. Mingyi Asset Management Limited is an independent investment advisory company, based in Hong Kong for twenty years, providing clients with solutions for: investment planning, risk management, retirement and estate planning, and more.

Official website: https://ch.axiom-invest.com/

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The homepage of Mingyi Asset Management's official website states about "Mingyi JinHui": "Mingyi JinHui is a third party, claiming to be a stock copy-trading platform developed jointly with a domestic securities developer in China by Hong Kong Mingyi Asset Management Ltd. (our company). We hereby declare that our company has no business connection with Mingyi JinHui and has not developed any investment platform with any securities developer in China. Investors are advised to be discerning."

The truth becomes clear, "Mingyi JinHui" is a counterfeit, likely exploiting the regulatory license number of "Mingyi Asset Management" from the Hong Kong Securities and Futures Commission, using the guise of the Mingyi Asset Management established in 1996 to deceive investors. Some investors might mistakenly think they are buying financial products of "Mingyi Asset Management" and transfer funds into the private accounts of "Mingyi JinHui".

Please refer to this content for reference before trading cautiously!

Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

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KnowFX
Written byKnowFX
Created date:2024-02-27 02:44
Last Updated:2024-02-27 08:59
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Pig Butchering Scam

The 'Pig Butchering Scam' is a type of financial fraud that originated in Southeast Asia, but has now become prevalent globally. The name stems from the scammers' method of dealing with their victims: similar to raising pigs, they first 'fatten' them by building trust, and then 'slaughter' them by swindling away all their money.

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