Hong Kong stocks Huaxing Capital Holdings rose more than 10%, and the company plans to spend US$100 million to enter the Web3 and cryptocurrency sectors
According to online reports, according to market data, Hong Kong stock Huaxing Capital Holdings (01911.HK) rose more than 10%, now reporting at HK$4.93, with a turnover exceeding HK$23.13 million. Huaxing Capital Holdings announced that the board of directors has decided to enter the field of Web 3.0 and cryptocurrency assets while consolidating Huaxing's existing business, and approved a total budget of US$100 million for the group to develop its Web 3.0 business and invest in cryptocurrency assets in the next two years.
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