Derlin Holdings' subsidiary approved to provide virtual asset trading services

According to Jinshi reports, Derlin Holdings (01709.HK) announced in Hong Kong that its subsidiary, Derlin Securities (Hong Kong) Limited, in which it holds a 70% stake, has received conditional approval from the Hong Kong Securities and Futures Commission to provide virtual asset trading services under a comprehensive account arrangement, but this is subject to Derlin Securities accepting certain conditions of its existing Type 1 (Securities Trading) regulated activity license before it can take effect.