Hong Kong Stock Market News | VICTORY SEC surges over 15% in collaboration with EMC Labs to launch a compliant Bitcoin fund.

Victory Securities rose more than 15% and, as of the time of writing, increased by 15.63% to HKD 3.7, with a turnover of HKD 983,400. On the news front, Victory Securities and EMC Labs recently announced the launch of the compliant Bitcoin fund, Victory EMC BTC Cycle Fund, which has been approved by the Hong Kong Securities and Futures Commission for market entry. It is reported that this fund is targeted at qualified professional investors and actively allocates Bitcoin based on data mining and industry research. At the same time, this is currently the only virtual asset fund in Hong Kong that has obtained approval from the Securities and Futures Commission and accepts stablecoin subscriptions.