According to WuShuo and CaiLianShe, the Zhejiang Securities Regulatory Bureau issued a warning letter to Caitong Securities and its assistant general manager Qian Bin. The reason was compliance loopholes in its overseas subsidiary Caitong Hong Kong, including the lack of an effective decision-making implementation and evaluation system, inadequate risk control mechanisms, and some directors not meeting qualification requirements. This situation has been recorded in the integrity archives. Caitong Hong Kong reported revenue of 44.188 million yuan in the first half of this year, a nearly 9-fold year-on-year increase. Its business includes obtaining approval for full-category direct trading qualifications in Vietnam's securities market and virtual asset ETF brokerage qualifications, making it one of the first Chinese institutions to offer brokerage services for Bitcoin and Ethereum-related ETFs. http://(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=49430