币界网报道：Chinese brokerages are expanding their cryptocurrency services by upgrading licenses to meet growing institutional demand, according to industry sources. At least three major Chinese securities firms have recently obtained enhanced digital asset trading permissions from Hong Kong regulators, allowing them to offer crypto derivatives and structured products to professional investors. This development comes despite mainland China's continued ban on cryptocurrency trading, as Hong Kong maintains a more open regulatory stance. The upgraded licenses enable these brokerages to provide Bitcoin and Ethereum futures contracts, as well as customized investment products tied to crypto prices. Market analysts note this reflects increasing interest from Chinese institutional clients seeking exposure to digital assets through regulated channels. The brokerages are reportedly targeting high-net-worth individuals and corporate clients who want to diversify portfolios with crypto-related instruments while complying with regional regulations.