Chinese state-owned Greenland wants a piece of the HK digital action.
A Greenland Holdings subsidiary is applying for a virtual asset trading license in Hong Kong, the South China Morning Post reported. It is the first state-owned Chinese company to do so.
Greenland already holds two licenses from the SFC — for securities advising and asset management. It applied for a virtual bank license in 2018 but was not selected. Geng said the new Greenland unit would trade cryptocurrencies, nonfungible tokens and products related to carbon emissions.Greenland Financial Technology Group received a digital banking license in Singapore in 2020.
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