Zhuorui Securities has received approval from the Hong Kong Securities and Futures Commission to upgrade its license to Category 4, enabling it to offer investment advice on virtual assets. This expansion allows the firm to provide comprehensive advisory services that encompass both traditional securities and virtual assets. Phil, CEO of ZR Financial Group, highlighted that this upgrade underscores the company's compliance and risk management strengths, as well as its commitment to fintech innovation.
The license upgrade aligns with Zhuorui Securities' strategy to integrate traditional and digital finance, offering clients a diversified investment platform through its ZR app. This platform includes services for stocks, ETFs, and virtual assets, aiming to enhance asset allocation transparency and efficiency. The approval follows a previous license upgrade that permits Zhuorui to engage in virtual asset trading services.
Zhuorui Securities Gains Approval for Virtual Asset Advisory License
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