The virtual asset trading activities in Hong Kong's securities industry generated revenue of HKD 77 million in the first half of the year

2024-09-26 08:02:53

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ChainCatcher news, according to a report by the Hong Kong Economic Journal, the Hong Kong Securities and Futures Commission (SFC) recently released the "Securities Industry Financial Review," which for the first time disclosed the virtual asset trading activities in the securities industry, generating a total revenue of HKD 77 million in the first half of this year. The Executive Director of the SFC's Intermediaries Division, Yip Chi-hang, stated that Hong Kong's diverse products can cater to the needs of both local and global investors. As the investment atmosphere improves, licensed institutions are gradually establishing a foothold in distributing non-exchange traded products, with some even actively expanding into virtual asset trading business.

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