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Yunfeng Financial Group Limited ( (HK:0376) ) has provided an announcement.
Yunfeng Financial Group Limited has announced that its subsidiary, Yunfeng Securities Limited, received approval from the Hong Kong Securities and Futures Commission to expand its Type 1 regulated activity license. This approval allows the company to offer virtual asset dealing services through an omnibus account arrangement with licensed platforms, marking a significant step in its strategy to integrate digital asset services and potentially enhancing its competitive position in the financial industry.
The most recent analyst rating on (HK:0376) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Yunfeng Financial Group Limited stock, see the HK:0376 Stock Forecast page.
More about Yunfeng Financial Group Limited
Yunfeng Financial Group Limited is a financial services company based in Hong Kong, primarily engaged in providing securities dealing services. The company focuses on leveraging technology to offer innovative financial solutions and has a market focus on integrating virtual asset services.
Average Trading Volume: 38,768,149
Technical Sentiment Signal: Buy
Current Market Cap: HK$15.16B
For a thorough assessment of 0376 stock, go to TipRanks’ Stock Analysis page.