Guolian Securities Announces Plans for Virtual Assets Trading License
Guolian Securities has announced plans for its affiliate, Guolian Securities Limited, to initiate the process of applying for a trading license that focuses on virtual assets. The firm has engaged in discussions with several established institutions, both internationally and in Hong Kong, that possess extensive expertise in the virtual assets sector. The company aims to actively advance its application in the near future.
Current Licensing and Strategic Positioning
Guolian Securities Limited currently holds various licenses from the Hong Kong Securities and Futures Commission, enabling it to engage in diverse activities including:
- Securities trading
- Futures contract trading
- Providing advice on both securities and corporate finance
- Asset management
With a comprehensive range of licenses—specifically, licenses numbered 1, 2, 4, 6, and 9—the subsidiary is strategically positioned to enhance its overseas operations.
Expansion Strategy and Future Goals
This expansion strategy is focused on delivering broader financing and investment solutions to its international clientele, capitalizing on the synergy created by its comprehensive licensing. However, it is important to note that the planned license application for virtual asset trading remains pending approval from the Hong Kong Securities and Futures Commission.
