A subsidiary of Hong Kong-listed company Jieli Trading Bao applied for an upgrade of its license to provide services such as virtual asset trading
According to online reports, according to Zhitong Financial, Jiali Trading (08017.HK) recently announced that TradeGo Markets Limited, a wholly-owned subsidiary of the company, has decided to submit an application for upgrade of the existing Type 1 (securities trading) regulated activities to the Hong Kong Securities and Futures Commission., in order to provide services such as virtual asset trading under the arrangement of opening a comprehensive account on a SFC licensed platform. TradeGo Markets has approached and communicated with the CSRC regarding its application intention.
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