Dongfang Caifu's subsidiary, Hafu Securities, has officially obtained a virtual asset service provider license issued by the Hong Kong Securities and Futures Commission (including the crucial Type 9). This marks the first official pathway for mainland investors to participate in the global mainstream virtual asset market in a compliant and convenient manner, which is of great significance.

Interpretation of core value: Two key breakthroughs.

Compliance breakthrough, trust upgrade:

Platforms under leading brokerages have been licensed, providing strong compliance assurance and trust endorsement for mainland investors.

In the future, eligible mainland investors are expected to conveniently participate in international virtual asset trading through Dongfang Caifu's existing Hong Kong stock account system (requiring the opening of Hong Kong accounts/Hong Kong Stock Connect) while complying with regulations from both regions, without relying on informal channels.

Incremental growth is expected, integration is accelerating:

Leveraging Dongfang Caifu's large user base of over 150 million, the potential scale of new compliant funds is worth noting. Referencing the experience of Bitcoin ETFs in Hong Kong, the demand from mainland investors has been preliminarily validated.

The license allows for 'integrated account' trading, effectively removing key barriers for traditional capital entry. Combined with the Hong Kong Monetary Authority's promotion of cross-border testing of digital renminbi, it reflects the deepening collaboration in financial innovation between the mainland and Hong Kong.

Key focus for investors: Seize compliance opportunities.

Core beneficiaries:

Dongfang Caifu: The directly licensed parent company, highlighting platform value and scarcity (a rare deep link to compliant virtual asset brokerages in the A-share market).

Hong Kong Stock Exchange: Increased trading activity will directly benefit its revenue.

Asset allocation direction:

Under the regulatory framework, liquidity is expected to concentrate on mainstream, highly compliant assets (such as Bitcoin, Ethereum), recognized stablecoins, and tokenization of real-world assets (RWA) projects. Focus should be on the security and long-term value of such assets.

Relevant Hong Kong brokerages: Focus on institutions with experience in digital currency research and cross-border fintech (e.g., CICC, GF Securities).

Important risk reminder: Participate rationally.

Be cautious of 'hype': Beware of the risks of speculative trading in so-called 'blockchain/digital currency' concept stocks in the A-share market that lack substantial business support.

Uphold compliance bottom line: Before official services are opened, firmly resist any illegal proposals such as 'opening Hong Kong accounts on behalf' or 'underground channels', and be cautious of scams.

Steady allocation strategy:

If participating, it is recommended to focus on mainstream cryptocurrency spot holdings for long-term investment ('ballast').

For volatile opportunities such as broker stocks, position control should be exercised, treating it as a 'satellite' allocation while strictly adhering to risk management discipline.

The licensing of Hafu is an important step towards the interconnectedness and innovation of the financial markets between the mainland and Hong Kong, opening a historic window for investors to participate compliantly in the global virtual asset market. In the face of opportunities, it is essential to remain rational: focus on core values, strictly uphold compliance bottom lines, and manage risks effectively. The favorable market wind has arrived; stability is key to long-term success.#币安Alpha上新

Final warning: A must-read before the Hafu channel opens! 90% of people are unaware of the arbitrage loophole; pay attention to avoid missing out!