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ZA Bank has received approval from the Securities and Futures Commission of Hong Kong to launch US stock trading services

According to official sources, virtual bank ZA Bank in Hong Kong has announced that it has been approved by the Hong Kong Securities and Futures Commission to remove the conditions that applied to the first category (securities trading) of regulated activities when it originally registered for its license. This means that ZA Bank will not be limited to operating "Collective Investment Scheme (CIS)" businesses. Therefore, ZA Bank plans to launch US stock trading services to the public after completing service testing. ZA Bank users will be able to obtain more investment opportunities through the ZA Bank App, including buying and selling US stocks, exchange-traded funds (ETFs), and American depositary receipts (ADRs).

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