IB DIGITAL TECH (01782) surged over 10%, having risen as much as 30% during early trading. As of press time, the stock was up 10.46% to HK$4.12, with a trading volume of HK$7.7558 million.

On the news front, on September 9, IB DIGITAL TECH announced that its non-wholly owned subsidiary established in the United Arab Emirates (UAE), IBDT OPERATING VIRTUAL ASSET PLATFORM—L.L.C (IBDT Platform), has officially received a no-objection letter issued by the UAE's federal-level regulatory authority, the Securities and Commodities Authority (SCA).

This letter constitutes preliminary approval for incorporating three core business activities into IBDT Platform's corporate business license scope: virtual asset brokers, virtual asset custodians, and virtual asset platform operators.

As of the announcement date, IBDT Platform is 90% owned by the company, with the remaining 10% held by an independent third party. IBDT Platform's financial performance will be consolidated into the company's consolidated financial statements.

According to the introduction, SCA serves as the UAE's federal-level regulatory authority with jurisdiction covering the entire UAE territory, making it the country's highest regulatory authority in the virtual assets and securities sectors. Since SCA began issuing formal licenses to virtual asset service providers in June 2025, the number of such licenses remains limited.