Hong Kong Securities Supervision Commission Quarterly Report: 8 Virtual Asset Trading Platform License Applications Under Consideration
The Hong Kong Securities and Futures Commission today released the "Quarterly Report" for October to December 2024. In the asset fund management industry, ETFs recorded a net inflow of US $2.90 billion for the whole year. In terms of virtual assets, the Hong Kong Securities Supervision Commission will issue a batch license to three virtual asset trading platforms in early 2025. The total number of licensed platforms has increased to ten, and eight virtual asset trading platform license applications are currently under consideration.