The virtual bank Mox Bank Limited recently announced that it has obtained a Type 1 (Securities Dealing) license issued by the Hong Kong Securities and Futures Commission (SFC). The company has expanded from deposit and lending businesses to wealth management and investment services. Mox will test the Mox Invest securities trading service through the HKMA Fintech Regulatory Sandbox and gradually roll out the service later this year. The new service will adopt a simple and easy-to-use user interface, allowing users to easily invest in Hong Kong and US securities.