Fushi Financial's subsidiary Jiafuda Securities has submitted an application to the China Securities Regulatory Commission to obtain a license to engage in Class 1 regulated activities

According to a report by Zhitong Finance, Fushi Financial (02263. HK) announced that its indirect wholly-owned subsidiary, Jiafuda Securities Limited, has submitted an application to the Hong Kong Securities and Futures Commission on July 25, 2025, aiming to provide virtual asset trading and/or consulting services as an intermediary under the Class 1 (Securities Trading) regulated activity license of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).