Yunfeng Financial Soars Following Regulatory Approval

Yunfeng Financial saw a significant stock surge, rising over 9% during trading hours, bringing its current share price to HK$5.90, according to reports by Foresight News. The company’s impressive growth follows the approval of a Type 1 (securities trading) regulated activity license from the Securities and Futures Commission (SFC). This new authorization allows Yunfeng Financial to offer virtual asset trading services through licensed platforms overseen by the SFC, further expanding its capabilities in the financial landscape.