Yunfeng Financial raises HK$1.17 billion through a placement to accelerate the advancement of virtual asset trading services.
According to Hash Blockchain News, Yunfeng Financial announced the placement of a total of 191 million new shares through a method of old shares first and new shares later, with a placement price of HKD 6.1 per share, raising a total of HKD 1.17 billion. The purpose of this placement is to expand the shareholder and capital base, as well as to increase the market liquidity of the company's shares. This will further enhance the group's financial position to support future business development plans. The raised funds will mainly be used for upgrading the group's system facilities, talent recruitment, and related capital needs, including the launch of comprehensive virtual asset trading services and virtual asset-related investment management services. Previously, it was reported that Yunfeng Financial had obtained approval from the Hong Kong Securities and Futures Commission to provide virtual asset trading services.
#虚拟资产 cryptocurrency #区块链 Hong Kong Securities and Futures Commission #financial services
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Yunfeng Financial raises HK$1.17 billion through a placement to accelerate the advancement of virtual asset trading services.
According to Hash Blockchain News, Yunfeng Financial announced the placement of a total of 191 million new shares through a method of old shares first and new shares later, with a placement price of HKD 6.1 per share, raising a total of HKD 1.17 billion. The purpose of this placement is to expand the shareholder and capital base, as well as to increase the market liquidity of the company's shares. This will further enhance the group's financial position to support future business development plans. The raised funds will mainly be used for upgrading the group's system facilities, talent recruitment, and related capital needs, including the launch of comprehensive virtual asset trading services and virtual asset-related investment management services. Previously, it was reported that Yunfeng Financial had obtained approval from the Hong Kong Securities and Futures Commission to provide virtual asset trading services.
#虚拟资产 cryptocurrency #区块链 Hong Kong Securities and Futures Commission #financial services