On September 12, the Hong Kong-listed company E-Telecom released its 2024 interim report, in which it disclosed that E-Telecom has purchased shares of Hong Kong Virtual Asset Exchange Limited ("VAX") for HK $12.90 million to invest in VAX. VAX, a non-listed company, is applying to the Hong Kong Securities Supervision Commission for a license to conduct Type I (securities trading) and Type VII (providing automated trading services) regulated activities under the Securities and Futures Ordinance t...