Because Hainan's financial license needs to run normally for more than 6 months before it can be issued.

The formal name of a financial license is the business license of a financial institution, which is usually issued by China Banking Regulatory Commission and China Securities Regulatory Commission respectively. Financial institutions can legally carry out related business only if they hold a financial license, otherwise it is illegal to operate. At present, the most valuable financial licenses are banking, securities, insurance, trust, fund, futures, leasing and so on. If financial institutions want to provide customers with comprehensive products and services, they must hold financial licenses, so the number of financial licenses owned by enterprises can prove the strength and reliability of enterprises. Ping An Group, CITIC Group and China Everbright Group all hold full financial licenses, which play an important role in the industry and have strong business competitiveness.