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Jing Financial International Invests $12 Million in Subscription of Amber International Shares, Entering Institutional Crypto Services Sector
Summary: Jing Financial International, a Hong Kong-listed company, announced that on June 30, 2025 (after trading hours), it entered into a subscription agreement with Amber International Holding Limited. Under the agreement, Amber International agreed to issue shares and Jing Financial International agreed to subscribe to the shares for approximately $12 million. The subscription price for the ...
Jing Financial International, a Hong Kong-listed company, announced that on June 30, 2025 (after trading hours), it entered into a subscription agreement with Amber International Holding Limited. Under the agreement, Amber International agreed to issue shares and Jing Financial International agreed to subscribe to the shares for approximately $12 million. The subscription price for the shares is $2.09 per share. The subscribed shares consist of 5.74 million Class A ordinary shares with a face value of $0.001 per share issued by Amber International. The announcement stated that the subscription is a strategic financial investment in line with the group's recent plans, including the establishment of an investment committee to oversee digital asset opportunities. It is expected that this investment will diversify the company's investment portfolio, entering the institutional crypto services sector, in line with its previous voluntary announcements regarding exploring digital assets. (Sina Finance)
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Link: Jing Financial International Invests $12 Million in Subscription of Amber International Shares, Entering Institutional Crypto Services Sector [Copy]
