According to Economic News Agency, Nanhua Financial Group announced that its subsidiary Nanhua Securities became one of the first financial institutions to be licensed by the Hong Kong Securities Regulatory Commission after the virtual asset service provider system came into effect. Nanhua Securities was approved by the Hong Kong Securities Regulatory Commission on March 17 this year to become the introducing agent of the virtual asset trading platform. After this approval, professional investor clients can be referred to the virtual asset trading platform through Nanhua Securities for virtual asset transactions.