Odaily News The Hong Kong Securities and Futures Commission released its 2023-24 annual report, which pointed out that as of March 3, 2024, the total number of licensed institutions and individuals and registered institutions reached 47,851, including 44,493 licensed individuals, 112 registered institutions, and 3,246 licensed institutions, of which 2,140 were licensed to conduct regulated activities of Category 9 (providing asset management). 23 virtual asset trading platform applications were submitted under the Anti-Money Laundering Ordinance, of which 4 were from existing virtual asset trading platform license applicants under the Securities and Futures Ordinance and 19 were new applications. As of March 31, 2024, 2 virtual asset trading platforms had been licensed under the Securities and Futures Ordinance, and 234 on-site inspections were conducted on licensed institutions and related entities. The Hong Kong Securities and Futures Commission stated that the first tokenized private open-end fund company registered with the Securities and Futures Commission was established in December 2023, and the first tokenized retail gold product was approved by the Securities and Futures Commission in March 2024.