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Huaxing Capital Holdings on Hong Kong Stock Exchange Surges Over 10%, Plans to Invest $100 Million in Web3 and Cryptocurrency Sector

Summary: According to market data, Huaxing Capital Holdings (01911.HK) on the Hong Kong Stock Exchange surged over 10%, currently trading at 4.93 Hong Kong dollars, with a trading volume exceeding 23.13 million Hong Kong dollars. Huaxing Capital Holdings announced that the board of directors has decided to enter the Web3.0 and cryptocurrency asset sectors while stabilizing ...

According to market data, Huaxing Capital Holdings (01911.HK) on the Hong Kong Stock Exchange surged over 10%, currently trading at 4.93 Hong Kong dollars, with a trading volume exceeding 23.13 million Hong Kong dollars.

Huaxing Capital Holdings announced that the board of directors has decided to enter the Web3.0 and cryptocurrency asset sectors while stabilizing its existing business, approving a total budget of $100 million to be used over the next two years for developing the group's Web3.0 business and investing in cryptocurrency assets.

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