Understanding the Market | ZHONGAN SERVICE rose nearly 15% in the morning as it plans to cooperate with a licensed virtual asset operating platform in Hong Kong

ZHONGAN SERVICE rose nearly 15% in the morning, and as of the time of writing, it was up 14.94%, trading at HKD 5.54, with a transaction volume of HKD 3.9724 million. In terms of news, recently, ZHONGAN SERVICE announced that the group is about to sign a memorandum of cooperation with an operator of a virtual asset trading platform that has been officially licensed by the Hong Kong Securities and Futures Commission (the platform). According to the memorandum of cooperation, both parties plan to carry out the following collaborations: jointly explore cooperation opportunities related to digital asset businesses; the company plans to open an account on the platform to prepare for subsequent allocation of cryptocurrency assets; the platform will provide the group with digital asset infrastructure support, assisting it in exploring custody and allocation paths for cryptocurrency assets within a compliance framework, and promoting the construction of an innovative digital ecological platform that breaks the limitations of physical space; the platform will provide the group with technical advice and compliance path support for the virtual asset platform, and establish a regular technical seminar and business communication mechanism. This cooperation aims to consolidate the existing business foundation of the group, leverage cutting-edge technology in the digital asset field, further enhance core competitiveness, and promote business innovation and digital transformation