04:33
Odaily Planet Daily News Hong Kong-listed company e-Communications Group announced its performance report as of the end of 2023, the company held a total of 165,385 shares of Hong Kong Virtual Asset Exchange Co., Ltd. VAX as of December 31, 2023, accounting for about 8.14% of the issued share capital of VAX, with a fair value of about HK$1,543,000.
It is learnt that VAX is applying to the Securities and Futures Commission of Hong Kong for a licence to carry on Type 1 (dealing in securities) and Type 7 (providing automated trading services) regulated activities under the Securities and Futures Ordinance for the regulation of virtual asset trading platforms.
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