Odaily news Chen Peiquan, executive director of Victory Securities, said that it is expected that the Hong Kong Securities Regulatory Commission will soon announce guidelines on securities companies opening up retail investors to buy and sell virtual assets. According to the expected progress, Victory Securities may open retail virtual asset transactions in the fourth quarter of 2023. Chen Peiquan said that Victory Securities has currently connected with the licensed exchange OSL, and the currencies that customers can buy and sell through Victory Securities will be based on the currencies listed on the exchange. Currently, about 5% of its professional investor clients invest in virtual assets, including Hong Kong listed companies. (Economic News) Earlier news, Victory Securities, a Hong Kong-listed company, launched VICSEC, a virtual asset trading application, which is currently available for download on the Google Play Store and APK. The company said that the first phase of the app allows professional investors to experience the virtual asset trading platform provided by licensed institutions, and there will be more functions and the possibility of securities trading integration in the future. Executive Director Chen Peiquan said that the company has launched the first virtual asset trading app, which allows Bitcoin and other mainstream cryptocurrencies to be traded without time or geographical restrictions. The company hopes to launch compliant virtual asset transactions for retail investors in the near future and will play its due role in the field of virtual assets.