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China Financial Leasing Group Launches Fundraising Initiative to Target Web3 and AI Investments, Aiming for HKD 86.72 Million

1 month ago
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China Financial Leasing Group Strengthens Financial Resources

In a recent announcement made by the Hong Kong Stock Exchange, China Financial Leasing Group (stock code: 2312), a company listed on the exchange, is set to strengthen its financial resources by issuing approximately 69.379 million new shares, aiming to generate around HK$86.724 million (with a net yield of about HK$86.474 million after covering related expenses).

Investment Strategy in Web3 and AI

A significant portion of these funds, totaling approximately HK$81.474 million, will be directed towards investments in both public and private securities within the rapidly evolving Web3 and artificial intelligence sectors. Meanwhile, the remaining HK$5 million will support general operating expenses.

The subscription agreement reveals the company’s ambitious strategy to create an investment platform focused on cryptocurrency and AI digital assets.

This initiative involves investing in digital asset exchanges that encompass a variety of assets such as stablecoins, BTC, ETH, real-world assets (RWA), NFTs, decentralized finance (DEFI), and other emerging digital commodities. Furthermore, the plan includes the establishment of a digital asset management platform.

Market Performance

As of the latest market analysis, shares of China Financial Leasing Group Limited have experienced a price increase of 5.47%, currently valued at HK$1.35.