Tonghai Securities Obtains Approval from SFC, Becomes One of the Pioneers to Provide Virtual Asset Related Services in Hong Kong
HONG KONG, Mar 13, 2023 - (ACN Newswire) - China Tonghai International Financial Limited (Stock Code: 00952.HK) is pleased to announce that its wholly owned subsidiary China Tonghai Securities Limited ("Tonghai Securities" or "the Company") is now one of the first full-fledged brokerage firms in Hong Kong to provide virtual asset ("VA") dealing and advisory services to the professional investors.
- HONG KONG, Mar 13, 2023 - (ACN Newswire) - China Tonghai International Financial Limited (Stock Code: 00952.HK) is pleased to announce that its wholly owned subsidiary China Tonghai Securities Limited ("Tonghai Securities" or "the Company") is now one of the first full-fledged brokerage firms in Hong Kong to provide virtual asset ("VA") dealing and advisory services to the professional investors.
- Tonghai Securities has been licensed by the Securities and Futures Commission (SFC) to conduct Type 1 (dealing in securities), Type 4 (advising on securities) and Type 9 (asset management) regulated activities.
- Mr. Calvin Chiu, Deputy Chief Executive Officer of Tonghai Securities says, "In recent years, VA have been undergoing rapid development.
- Effectivesupervision is essential to promote investor confidence as well as to support a healthy and long-term development of the industry.