Core Viewpoint - The strategic partnership between Cao Cao Mobility and Victory Securities marks a significant step in integrating real-world asset tokenization and stablecoin applications within the transportation sector, aiming to enhance financial technology innovation and accelerate the deployment of Robotaxi services [1][4]. Group 1: Strategic Partnership - Cao Cao Mobility has signed a memorandum of understanding with Victory Securities to explore three main areas: real-world asset (RWA) tokenization, stablecoin payment applications, and compliant digital currency issuance [1]. - This collaboration represents the first systematic exploration of RWA and stablecoin integration in China's transportation industry [1]. Group 2: Robotaxi Development - Cao Cao Mobility is expanding its Robotaxi fleet, having launched pilot services in Suzhou and Hangzhou, with plans to introduce L4-level custom Robotaxi vehicles [4]. - The Robotaxi business is characterized by stable, long-term, and predictable operations, making it a promising candidate for RWA tokenization [4]. Group 3: Environmental Impact and Financial Innovation - All custom vehicles operated by Cao Cao Mobility are electric, contributing to a reduction of over 3.1 million tons of carbon emissions, aligning with global green finance trends [5]. - The partnership with Victory Securities is expected to facilitate the compliant issuance of RWA funds or asset-backed tokens based on Cao Cao Mobility's high-quality transportation assets, providing innovative financing pathways [5].

21世纪经济报道记者 孙永乐 8月1日，香港《稳定币条例》正式生效。除了备受瞩目的获取首批稀缺牌照的发行人，香港稳定币相关 主体，还包括确定性参与稳定币使用场景创设的平台，如虚拟资产交易平台、托管银行、审计机构等。 香港本土券商已布局虚拟资产业务，早在2023年11月，胜利证券成为了首家获批开展零售加密交易的券 商。近日，21世纪经济报道记者对话虚拟资产交易平台VDX首席战略官、胜利证券生态合伙人陈辰。 据其披露，从2024年4月1日至2025年3月31日，胜利证券加密货币交易额突破100亿港元，居香港虚拟资 产券商排名之首。 陈辰认为，稳定币兼具机遇与挑战，投资者需要理性甄别和判断。在全球稳定币发行的背景下，香港市 场的首要作用是进行有限可控的尝试与开放，形成"政策缓冲区"。他认为，作为国际金融中心，香港优 势显著。 发行方需具备足额底层储备 21世纪：如何解读中国香港《稳定币条例》的核心条款和监管要求？ 陈辰：香港《稳定币条例》条款通俗易懂，设计思路与美国稳定币相关法规类似，均要求发行方具备足 额底层储备，并实行稳定币发牌制度。 具体而言，《稳定币条例》的核心在于确保发行方拥有足额、透明、安全的底层资产储 ...

Core Viewpoint - The Hong Kong Stablecoin Regulation officially took effect on August 1, 2023, establishing a framework for stablecoin issuance and usage, aiming to ensure sufficient reserves and mitigate systemic financial risks [1][4]. Group 1: Regulation and Compliance - The core of the Stablecoin Regulation is to ensure that issuers maintain sufficient, transparent, and secure underlying asset reserves to prevent systemic financial risks and protect investors [4][5]. - Issuers are required to have adequate reserves on a 1:1 basis, and only a limited number of institutions will be able to obtain the necessary licenses, indicating high entry barriers in this sector [5][6]. Group 2: Market Dynamics and Opportunities - The cryptocurrency trading volume at Victory Securities is projected to exceed 10 billion HKD from April 1, 2024, to March 31, 2025, positioning it as the leading virtual asset broker in Hong Kong [1]. - Stablecoins are viewed as having significant growth potential, with the possibility of substantial market expansion in the long term, despite current market overheating and speculative activities [4][5]. Group 3: Strategic Positioning of Hong Kong - Hong Kong aims to establish itself as an "on-chain trading hub," facilitating controlled experimentation with stablecoins while enhancing the internationalization of the Renminbi [7][9]. - The region's advantages include a strong backing of quality assets and a robust financial infrastructure, which will support its dual mission of promoting Renminbi internationalization and attracting investments into potential Renminbi assets [9].

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 本月底法定/註冊股本總額： HKD 20,000,000 FF301 第 1 頁 共 10 頁 v 1.1.1 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 勝利證券(控股)有限公司 呈交日期: 2025年8月5日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 08540 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | HKD | | 0.01 HKD | | 20,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 2,000,000,000 | ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 於本公告日期，董事會成員包括三名執行董事高鵑女士、趙子良先生及陳沛泉先生；一名非執行 董事陳英傑先生（主席）；以及三名獨立非執行董事英永鎬先生、廖俊寧先生及甄嘉勝醫生。 本公告的資料乃遵照香港聯合交易所有限公司 GEM 證券上市規則而刊載，旨在提供有關本公司 的資料，各董事願就本公告的資料共同及個別地承擔全部責任。各董事在作出一切合理查詢後， 確認就其所知及所信，本公告所載資料在各重要方面均屬準確完備，沒有誤導或欺詐成分，且並 無遺漏任何事項，足以令致本公告或其所載任何陳述產生誤導。 承董事會命 勝利證券（控股）有限公司 公司秘書 江仁宇 香港，2025 年 7 月 28 日 Victory Securities (Holdings) Company Limited 勝利證券（控股）有限公司 (於開曼群島註冊成立 的有限公司) (股份代號： 8540) 董事會召開日期 勝利證券（控股）有限公司(「本公司 ...

Group 1 - The majority of Hong Kong stock securities and brokerage stocks showed strength, with Victory Securities (08540.HK) rising over 7% [1] - Yau Lee Securities Financial (01428.HK), Dongfang Securities (03958.HK), and Shenwan Hongyuan (06806.HK) all increased by more than 4% [1]

(股份代號： 8540) 正面盈利預告 綜合業績轉虧為盈 及主要營運附屬公司轉虧為盈 本公告乃由勝利證券（控股）有限公司（「本公司」，連同其附屬公司統稱「本集團」）根 據香港聯合交易所有限公司 GEM 證券上市規則（「GEM 上市規則」）第 17.10 條及香港 法例第 571 章證券及期貨條例第 XIVA 部的內幕消息條文（定義見 GEM 上市規則）而作 出。 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全 部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 Victory Securities (Holdings) Company Limited 勝利證券（控股）有限公司 (於開曼群島註冊成立的 有限公司) 本公告所載資料僅基於本公司管理層根據管理層可獲取之本集團最新財務資料進行的 初步評估而作出。上述資料可能會根據進一步更新資料及經本公司董事會之審核委員會 審閱後再作調整。本公司股東及潛在投資者務請參閱本公司本期間之業績公告，該公告 將於 2025 年 8 月底或之前刊發。 股東及潛在投資者於買 ...

Group 1 - The virtual asset market is rapidly developing, with Hong Kong accelerating its efforts to establish itself as an international virtual asset center, attracting Chinese brokerage firms to enter the market [1] - The Hong Kong government views Web3.0 and virtual assets as core strategies to reshape financial competitiveness, having released the "Virtual Asset Policy Declaration" in 2023 to support industry innovation [1] - The Hong Kong Securities and Futures Commission (SFC) has tightened regulations, implementing a "dual license" system for virtual asset trading platforms, with 11 institutions already obtaining formal licenses [1] Group 2 - Hong Kong is exploring the issuance of an official stablecoin, the "Digital Hong Kong Dollar," aimed at providing an anchor asset for the virtual economy and enhancing cross-border payment capabilities [2] - Companies listed in Hong Kong are accelerating their layout in the Web3.0 sector, covering various areas such as trading platforms, data analysis, and asset tokenization [2] - OSL Group, as Hong Kong's first licensed virtual asset trading platform, reported a 79% year-on-year revenue increase to HKD 375 million in 2024, with a trading volume exceeding HKD 100 billion [2] Group 3 - Other Hong Kong-listed companies, such as Boyaa Interactive, Victory Securities, and Blueport Interactive, have also made moves in the cryptocurrency space, with stock price increases of 97%, 176%, and 60% respectively this year [3]

Group 1 - Jin Yong Investment (01328.HK) increased by 12.44% [1] - Standard Chartered Group (02888.HK) rose by 2.03% [1] - Victory Securities (08540.HK) saw a gain of 1.68% [1] - China Everbright Holdings (00165.HK) experienced an increase of 1.32% [1]

Group 1 - The concept stocks related to stablecoins have shown strong performance, with Delin Holdings (01709.HK) rising by 49.85% [1] - Jin Yong Investment (01328.HK) increased by 12.54%, while Victory Securities (08540.HK) saw a rise of 3.16% [1]