The Hong Kong Securities and Futures Commission named Guofu Innovation as having a highly concentrated equity structure, and it was approved to provide virtual asset trading services last month

The Hong Kong Securities and Futures Commission named Guofu Innovation as having a highly concentrated equity structure, and it was approved to provide virtual asset trading services last month

The Hong Kong Securities and Futures Commission stated that it had recently conducted an inquiry into the equity distribution of Guofu Innovation, and the results showed that as of August 9 this year, the company's 20 shareholders held a total of more than 3.55 billion shares (equivalent to 49.93% of the issued share capital), and the relevant equity, together with more than 2.89 billion shares (accounting for 40.62% of the issued share capital) held by the company's three major shareholders, was equivalent to 90.55% of Guofu Innovation's issued share capital. The Hong Kong Securities and Futures Commission pointed out that given the high concentration of equity among a small number of shareholders, even if a small number of shares were traded, its stock price could fluctuate significantly, and reminded shareholders and potential investors to act prudently when buying and selling.

Just last month, Guofu Innovation announced that its wholly-owned subsidiary, Fortune Securities, had obtained the approval of the Hong Kong Securities Regulatory Commission to provide virtual asset trading services to professional investor clients through the operation of comprehensive accounts opened and maintained on the Securities Regulatory Commission's licensed platform. #TON #BTC☀ #美联储何时降息?