According to TechFlow, on July 18, according to the updated data on the official website of the Hong Kong Securities and Futures Commission, HKX's application for a virtual asset trading platform license submitted to the Hong Kong Securities and Futures Commission was withdrawn on July 17. The company name of the virtual asset trading platform operator submitted by HKX is "hi5 (Hong Kong) Limited", and the Chinese name is not applicable. OKX first submitted an application for a virtual asset trading platform license to the Hong Kong Securities and Futures Commission on February 29, 2024.

As of now, the Hong Kong Securities and Futures Commission has announced that a total of 12 applicants have had their virtual asset trading platform licenses withdrawn and returned, of which 1 was returned; the number of applicants on the virtual asset trading platform application list is 16, of which 11 are considered as licensed virtual asset trading platform applicants; the list of licensed virtual asset trading platforms remains at 2.