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VICTORY SEC Once Hyped Up 160% Amid Rumors of Completing Type 1 License Upgrade
Several Hong Kong-based brokers, including VICTORY SEC (08540.HK), have completed the upgrade to their Type 1 licenses, Chinese media reported. GUOTAI JUNAN I (01788.HK) is not the...
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VICTORY SEC Once Hyped Up 160% Amid Rumors of Completing Type 1 License Upgrade
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Several Hong Kong-based brokers, including VICTORY SEC (08540.HK)  -0.920 (-17.069%)   , have completed the upgrade to their Type 1 licenses, Chinese media reported. GUOTAI JUNAN I (01788.HK)  -0.520 (-14.689%)    Short selling $38.63M; Ratio 0.589%   is not the only Chinese broker applying for the license, and more institutions may join in the future.

The rumors spurred VICTORY SEC's stock price today (26th). It was once hyped up by 160% to reach a peak of HKD9.7. It last traded at HKD7.65, up 105.65%, with a volume of 7.7026 million shares and a turnover of HKD53.0201 million.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-27 16:25.)

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