Hong Kong-listed company Chuanglian Holdings disclosed that, as a licensed corporation under the Hong Kong Securities and Futures Ordinance, Ruilian Financial Group Co., Ltd., a wholly-owned subsidiary of the group, can carry out Type I (securities trading), Type IV (providing advice on securities) and Type IX (providing asset management) regulated activities, and has obtained Type IV (providing advice on securities) and Type IX (providing asset management) license upgrades.