Zhuorui Securities has been approved to upgrade its license to Category 4, which will allow it to expand its virtual asset investment advisory business.

ZR Securities has received approval from the Hong Kong Securities and Futures Commission to upgrade its existing Type 4 (advising on securities) license to include investment advice on virtual assets. This means that ZR Securities can now provide clients with comprehensive investment advisory services covering both traditional securities and virtual assets within a compliant framework. Phil, CEO of ZR Financial Group, stated that this license upgrade reflects the regulator's recognition of the company's compliance and risk management capabilities, and also reflects ZR's long-term investment in fintech and research. ZR's ZR app offers diversified investment services including stocks, ETFs, and virtual assets, integrating traditional and digital finance to provide investors with a safer, more transparent, and efficient asset allocation experience in emerging sectors.