The news of "approved to provide virtual asset trading services" stimulated Yunfeng Financial's intraday rise of over 31%.

On September 10, according to market information, Yunfeng Financial opened high and rose throughout the day, with an intraday increase of over 31%, currently reported at 5.57 HKD. Last night, Yunfeng Financial Group Limited (stock code: 376.HK) announced that its wholly-owned securities subsidiary, Yunfeng Securities Limited, has officially received approval from the Hong Kong Securities and Futures Commission (HK SFC) to upgrade its existing securities trading license (Type 1 license) to provide virtual asset trading services. According to previously disclosed information, Alibaba founder Jack Ma indirectly holds approximately 11.15% of Yunfeng Financial through Yunfeng Fund.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)