Understanding the Market | China Merchants International has been approved for a virtual asset license, CMS opened nearly 15% higher, and China Merchants Bank opened nearly 2% higher
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China Merchants International has been approved for a virtual asset license, becoming the first Chinese-funded bank-affiliated brokerage in Hong Kong to obtain such a license. CMS opened nearly 15% higher, rising 14.98% to HKD 17.5; China Merchants Bank opened nearly 2% higher, rising 1.96% to HKD 52.15. This move marks the expansion of China Merchants International's business into the digital financial market, allowing investors to participate in virtual asset trading on its platform and gain more diversified investment options
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