Hong Kong stocks surge | Xinhuo Technology Holdings (01611) rose more than 10% at the end of the day, and will announce annual performance in mid-month. The rise of BTC has doubled this year.

2024-12-05 15:52:58

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The closing price of New Fire Technology Holdings (01611) rose more than 10% at the end of the day. As of the time of writing, it rose by 10.1% to HKD 2.29 with a turnover of HKD 6.4829 million.

On the news front, Xinhua Technology Holdings announced today that it will hold a board meeting on December 16 to review and approve the annual performance of the Company and its subsidiary companies for the year ending September 30, 2024, and its announcement, including consideration of the declaration of final dividends (if any). As of press time, the BTC price was hovering around $96,000, and since Trump won the election on November 5, BTC has pumped more than 40%. The price of BTC has skyrocketed more than twice since the beginning of the year.

It is reported that Xinhuo Technology Holdings mainly provides virtual asset trading and technical solution services, including virtual asset lending asset management and providing Over-the-counter Trading platform to customers, acting as exchange function. In the 2023 fiscal year, the revenue generated by Over-the-counter Trading and the income from lending management services amounted to 2.811 billion Hong Kong dollars, accounting for 99.19% of the total revenue.

Source: Sina

Author: ChainNews

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