Core Viewpoint - Delin Holdings (01709) has launched virtual asset trading services through Delin Securities for qualified clients, leading to a significant increase in stock price by 5.88% to HKD 1.62 [1][4]. Group 1 - Delin Securities has opened virtual asset trading services for qualified clients who have completed the necessary professional investor certification [4]. - Clients can trade mainstream digital assets seamlessly using the same securities account opened with Delin Securities, without needing to switch platforms [4]. - All trading instructions will be processed through a Securities and Futures Commission (SFC) licensed platform, ensuring compliance and regulatory oversight for fund clearing and asset custody [4].

Group 1 - Delin Holdings (01709) saw a morning increase of over 4%, currently up 4.58% at HKD 1.6, with a trading volume of HKD 8.511 million [1] - Delin Securities has recently opened virtual asset trading services to qualified clients, allowing seamless trading of mainstream digital assets through the NeuralFin platform without switching accounts [1] - All trading instructions will be processed through a Securities and Futures Commission (SFC) licensed platform, ensuring compliance and regulatory oversight for fund clearing and asset custody [1] Group 2 - Hong Kong's Financial Secretary Paul Chan announced in the 2026-27 budget that the first licenses for fiat-backed stablecoin issuers will be issued in March, with a regulatory framework in place [1] - The budget confirms that a bill will be submitted within the year to establish a licensing system for virtual asset traders and custodians, expanding the regulatory scope to include over-the-counter trading and other digital asset transactions [1]

Group 1 - The core point of the article is that Victory Securities (8540.HK) experienced a significant increase in stock price, rising over 17% to HKD 5.9, continuing the upward trend from the previous trading day [1] - The surge in stock price is attributed to the recent news that Victory Digital Technology's virtual asset trading platform, VDX, was granted an operating license on February 13 [1]

Core Viewpoint - Victory Fintech Company Limited has obtained a license for virtual asset trading platforms from the Hong Kong Securities and Futures Commission, effective from February 13, 2026 [1] Group 1 - Victory Fintech Company Limited is one of the operators that has received a license for virtual asset trading platforms [1]

Group 1: Market Overview - The Hang Seng Index rose by 83 points, closing at 27,266 points, marking a three-day increase totaling 706 points or 2.66% [3][4] - The total market turnover was HKD 2,172.18 million, with a net inflow of HKD 48.16 million from northbound trading [3] Group 2: Regulatory Developments - The Hong Kong Securities and Futures Commission (SFC) has issued new guidelines allowing licensed brokers to expand their services to include margin financing for virtual assets, aiming to enhance market liquidity under a controlled risk framework [7] - The SFC has established a high-level framework for virtual asset trading platforms to guide the development of leveraged products for professional investors, emphasizing transparency and robust operational monitoring [7] Group 3: Company News - NetEase (09999) CEO Ding Lei indicated that the explosion of AI technology is expected to accelerate the survival of the fittest in the gaming industry, with the company investing heavily in AI applications across various development stages [12] - Wisdom (02513) has launched its new flagship model GLM-5, achieving state-of-the-art performance in coding and agent capabilities, now available on its z.ai platform [13] - Haitong International (00806) anticipates a significant increase in profit to approximately HKD 660 million for the fiscal year ending December 2025, driven by a rise in assets under management and strong investment performance [14]

Core Viewpoint - The Hong Kong Securities and Futures Commission (SFC) has issued new guidelines allowing licensed virtual asset brokers to expand their services to include margin financing for virtual assets, aiming to enhance market liquidity while ensuring investor protection [1][2] Group 1: Regulatory Changes - The SFC permits licensed virtual asset brokers to offer margin financing services to their securities margin clients, provided they have sufficient collateral and robust investor protection measures in place [1] - A high-level framework has been established for licensed virtual asset trading platforms to guide the development of leveraged perpetual contracts exclusively for professional investors [1] Group 2: Market Development - The SFC's initiatives are part of the ASPIRe roadmap, which aims to diversify products and services in the virtual asset market [1] - Licensed virtual asset trading platforms' affiliates are allowed to act as market makers, provided they implement strong measures to mitigate conflicts of interest, thereby introducing new liquidity channels [2] Group 3: Commitment to Market Safety - The SFC emphasizes its commitment to developing a sustainable and collaborative digital asset market in Hong Kong, enhancing market liquidity through targeted measures [2] - Continuous monitoring of the implementation of these initiatives will be conducted by the SFC, ensuring that they contribute to a safe and competitive market environment [2]

Group 1 - The Financial Supervisory Service (FSS) of South Korea has upgraded its virtual asset trading analysis intelligence system, VISTA, to combat improper cryptocurrency trading [1] - The new automated detection algorithm utilizes sliding window grid search technology to automatically identify potential price manipulation ranges, reducing reliance on manual investigations [1] - Performance tests indicate that the system has detected all known manipulation periods and uncovered previously difficult-to-identify abnormal intervals [1] Group 2 - The FSS has allocated 170 million Korean Won (approximately 116,000 USD) for AI performance upgrades by 2026 [1] - Future plans include identifying networks of colluding trading accounts, analyzing abnormal trading texts of thousands of cryptocurrency assets, and tracking the sources of manipulated funds [1]

Core Viewpoint - Starting January 28, South Korea's Google Play will implement new regulations requiring overseas virtual asset exchanges to complete VASP declaration to the Financial Intelligence Unit (FIU) and obtain an "acceptance" certificate, or they will be unable to list or update applications in South Korea [1] Group 1 - Major overseas exchanges, including Binance and OKX, are expected to face challenges in continuing to provide download and update services in South Korea due to the new requirements [1] - The process to obtain the acceptance certificate involves establishing a local entity in South Korea, passing ISMS certification, and undergoing strict scrutiny [1] - The inability to meet these requirements poses a risk of actual service disruption for users in South Korea [1]

Core Viewpoint - Derlin Holdings (01709) announced that the Hong Kong Securities and Futures Commission (SFC) has granted conditional approval to Derlin Securities (Hong Kong) Limited for the upgrade of its Type 1 (Securities Trading) regulated activity license, effective from December 30, 2025 [1] Group 1 - The upgrade of Derlin Securities' license includes specific conditions set by the SFC [1] - Derlin Securities plans to start offering virtual asset trading services after completing the system connection and testing with the SFC's licensed platform, expected to be implemented by February 2026 [1]

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，概不就因本公告 全部或任何部分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。 DL HOLDINGS GROUP LIMITED 德林控股集團有限公司 （ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） （股份代號：1709） 自願公告 有關第1類牌照項下 虛擬資產交易服務的最新資料 本公告由德林控股集團有限公司（「本公司」，連同其附屬公司統稱為「本集 團」）自願刊發，旨在向本公司股東及潛在投資者通報本集團的最新業務發展 情況。 茲提述本公司日期為2025年12月30日的公告（「該公告」），內容有關（其中包括） 香港證券及期貨事務監察委員會（「證監會」）向德林證券（香港）有限公司（「德 林證券」）授出有條件批准。除另有界定者外，本公告所用詞彙與該公告所界定 者具有相同涵義。 承董事會命 德林控股集團有限公司 主席、行政總裁兼執行董事 陳寧迪 香港，2026年1月9日 於 本 公 告 日 期，執 行 董 事 為 陳 寧 迪 先 生、郎 世 杰 先 生、艾 奎 宇 先 ...