Xinhuo Technology Holdings (01611) rose more than 10% at the end of the session. As of press release, it was up 10.1% to HK$2.29, with a turnover of HK$6.4829 million.
The Zhitong Finance App learned that Xinhuo Technology Holdings (01611) rose more than 10% at the end of the session. As of press release, it had risen 10.1% to HK$2.29, with a turnover of HK$6.4829 million.
According to the news, Xinhuo Technology Holdings announced today that it will hold a board meeting on December 16 to review and approve the annual results and announcements of the company and its subsidiaries for the year ended September 30, 2024, and consider declaring a final dividend (if any). As of press time, the price of Bitcoin is hovering around $0.096 million. Since Trump won the election on November 5, Bitcoin has risen by more than 40%. Since the beginning of the year, the price of Bitcoin has soared more than 1 times.
According to reports, Xinhuo Technology Holdings mainly provides virtual asset transactions and technical solution services. Among them, virtual asset trading includes providing customers with virtual asset loan asset management and providing an OTC trading platform to act as an exchange. The revenue from OTC transactions and loan management services in fiscal year 2023 was HK$2.811 billion, accounting for 99.19% of total revenue.