I have also seen the launch of such stocks on the website of Sino-Singapore Private Equity Alliance. There may be inside information to catch such a gub! But the website of Sino-Singapore Private Equity Alliance says that there is no charge first! Only after making a profit will a certain percentage of the profit share be charged. "Strong private placements must ensure the safety of customers' funds before they are eligible to charge customers' management fees." If you need to pay first, you are advised to be cautious.