HAO TIAN INTL (01341) Subsidiary Plans to Apply to SFC for Virtual Asset Trading Services Through Comprehensive Accounts

Stock News
Aug 31

HAO TIAN INTL (01341) announced that its indirect wholly-owned subsidiary, Haotian International Securities Limited (Haotian Securities), intends to submit an application to the Securities and Futures Commission (SFC). The application seeks approval to provide virtual asset trading services through comprehensive account arrangements to enhance its service offerings.

In recent years, the virtual asset sector has witnessed significant development and advancement. The board believes that introducing virtual asset-related trading services will substantially expand the group's service scope and open up additional revenue streams. By exploring opportunities in the virtual asset field, the group is working to develop new income sources and build expertise to strengthen its capabilities.

The directors believe that expanding service offerings through the incorporation of virtual assets will provide unique features and return models that differ from traditional financial assets. This initiative is expected to attract a broader client base and generate additional revenue sources, thereby enhancing the group's operational performance and financial position.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10