币界网报道：Hong Kong-listed brokerage Guotai Junan International's shares surged nearly 200% over two days after securing regulatory approval to offer crypto trading services. The Securities and Futures Commission upgraded its Type 1 license, allowing clients to trade cryptocurrencies through an SFC-licensed platform. The stock peaked at HK$7.02 intraday on Thursday before closing at HK$3.54, still 185% above Tuesday's close. As the first Chinese securities firm to IPO in Hong Kong in 2010, Guotai Junan is state-backed through its parent company Guotai Haitong Group. Other Chinese brokerages like China Merchants Securities and Huatai International are reportedly seeking similar license upgrades, as Hong Kong advances its crypto-friendly policies including asset tokenization support, contrasting with mainland China's crypto ban.