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Yunfeng Financial Stock Price Drops 4.09% Despite Purchase of 10,000 Ethereum, Stimulating News
Summary: Contrary to reports, Yunfeng Financial (HK:00376) opened high but fell 4.09% during trading, with the stock price currently at 3.52 Hong Kong dollars. Yesterday, it was announced that Yunfeng Financial had purchased 10,000 ETH to establish an Ethereum asset reserve. Public data shows that Alibaba founder Jack Ma indirectly holds about 11.15% of Yunfeng Financial ...
Contrary to reports, Yunfeng Financial (HK:00376) opened high but fell 4.09% during trading, with the stock price currently at 3.52 Hong Kong dollars. Yesterday, it was announced that Yunfeng Financial had purchased 10,000 ETH to establish an Ethereum asset reserve. Public data shows that Alibaba founder Jack Ma indirectly holds about 11.15% of Yunfeng Financial through Yunfeng Fund, holds 29.85% in Yunfeng Financial Holdings Limited, and holds 40% in Shanghai Yunfeng Innovation (without voting rights).
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Link: Yunfeng Financial Stock Price Drops 4.09% Despite Purchase of 10,000 Ethereum, Stimulating News [Copy]
