Hong Kong stocks Hua Xing Capital Holdings rise over 10%, the company plans to invest $100 million to enter the Web3 and Crypto Assets field.

On June 30, according to market data, Hong Kong stock Huaxing Capital Holdings (01911.HK) rose over 10%, currently reported at 4.93 HKD, with a transaction volume exceeding 23.13 million HKD. Huaxing Capital Holdings announced that the board has resolved to strengthen Huaxing's existing business while entering the Web3.0 and Crypto Assets fields, and approved a total budget of 100 million USD to be used for the group's development of Web3.0 business and investment in Crypto Assets over the next two years.