Core Viewpoint - Bitcoin-related stocks have seen a rise, influenced by increasing expectations of interest rate cuts by the Federal Reserve and significant developments in cryptocurrency asset management [1] Group 1: Stock Performance - Blue Ocean Interactive (08267) increased by 15.49%, trading at 0.41 HKD [1] - Boyaa Interactive (00434) rose by 4.68%, trading at 4.03 HKD [1] - New Fire Technology Holdings (01611) gained 2.95%, trading at 3.14 HKD [1] - OK Blockchain (01499) saw a 2% increase, trading at 0.204 HKD [1] Group 2: Market Conditions - The interest rate swap market indicates traders are betting on nearly four rate cuts of 25 basis points each within the next year, including one on December 10 [1] - Bitcoin surpassed 93,000 USD, rising over 2% in a day, marking a new high in nearly two weeks [1] Group 3: Asset Management Developments - Vanguard Group, the second-largest asset management company globally, has decided to allow major cryptocurrency-holding ETF products and mutual funds to trade on its large asset management platform, indicating a significant shift from its previously cautious stance on cryptocurrencies [1]

Core Viewpoint - Some Bitcoin-related stocks have experienced significant gains, indicating a positive market sentiment towards the cryptocurrency sector [1] Company Performance - Blueking Interactive (08267.HK) increased by 15.49%, reaching HKD 0.41 [1] - Boyaa Interactive (00434.HK) rose by 4.68%, trading at HKD 4.03 [1] - New Fire Technology Holdings (01611.HK) saw a 2.95% increase, priced at HKD 3.14 [1] - OK Blockchain (01499.HK) gained 2%, with a current price of HKD 0.204 [1]

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年11月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 歐科雲鏈控股有限公司 (於開曼群島註冊成立之有限公司) 呈交日期: 2025年12月2日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01499 | 說明 | | | | | | | | | 法定/註冊股份數目 | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | 20,000,000,000 | HKD | | 0.005 HKD | | 100,000,000 | | 增加 / 減少 (-) | | | 0 | | HKD | | | | 本月底結存 | | 20,000,000,000 | HKD | | 0.005 HKD | | 100,000,000 | 本月底法定/註冊股本總額： ...

Group 1 - The cryptocurrency concept stocks in Hong Kong experienced a decline in early trading [1] - OKLink (01499.HK) fell by 12.5%, trading at 0.189 HKD [1] - Yunfeng Financial (00376.HK) decreased by 9.74%, with a price of 3.43 HKD [1] - OSL Group (00863.HK) dropped by 3.89%, currently at 16.05 HKD [1]

Core Viewpoint - Cryptocurrency concept stocks experienced a significant decline in early trading, reflecting broader market concerns following a sharp drop in cryptocurrency prices and regulatory actions from the People's Bank of China [1] Group 1: Market Performance - Okex Chain (01499) fell by 12.5%, trading at 0.189 HKD [1] - Yunfeng Financial (00376) decreased by 9.74%, trading at 3.43 HKD [1] - OSL Group (00863) dropped by 3.89%, trading at 16.05 HKD [1] Group 2: Cryptocurrency Market Trends - On December 1, the cryptocurrency market saw a significant downturn, with Bitcoin briefly falling below 87,000 USD, experiencing an intraday decline of over 5% [1] - Ethereum also faced a decline of over 5%, dropping below 2,900 USD [1] Group 3: Regulatory Environment - The People's Bank of China held a meeting on November 28 to coordinate efforts against virtual currency trading speculation [1] - The meeting emphasized the continuation of prohibitive policies against virtual currencies and the ongoing crackdown on illegal financial activities related to cryptocurrencies [1]

Core Viewpoint - Okex Chain (01499) reported a significant decline in revenue for the six months ending September 30, 2025, with earnings of approximately HKD 113 million, representing a year-on-year decrease of 42.47% [1] Financial Performance - The company recorded a profit attributable to owners of HKD 664,000, marking a turnaround from a loss in the previous year [1] - Basic earnings per share were reported at HKD 0.01 [1]

Core Viewpoint - Okex Chain (01499) reported a mid-term performance for the six months ending September 30, 2025, showing a significant decline in revenue while achieving profitability for the first time [1] Financial Performance - Revenue for the period was approximately HKD 113 million, representing a year-on-year decrease of 42.47% [1] - The profit attributable to the company's owners was HKD 664,000, marking a turnaround from a loss to profit compared to the previous year [1] - Basic earnings per share were reported at HKD 0.01 [1]

Core Viewpoint - The company reported a decrease in revenue for the six months ending September 30, 2025, with earnings of approximately HKD 113 million compared to HKD 196 million for the same period in 2024, while achieving a profit attributable to shareholders of approximately HKD 700,000, a turnaround from a loss of HKD 3.4 million in the previous year [1][1][1] Financial Performance - Revenue for the six months ending September 30, 2025, was approximately HKD 113 million, down from approximately HKD 196 million for the same period in 2024 [1] - Profit attributable to shareholders was approximately HKD 700,000, compared to a loss of approximately HKD 3.4 million for the same period in 2024 [1] - Basic and diluted earnings per share were approximately HKD 0.01, a recovery from a loss of approximately HKD 0.06 per share in the previous year [1] Dividend Policy - The board of directors did not recommend the payment of any interim dividend for the period, consistent with the previous year where no dividend was paid [1][1] Operational Insights - The decrease in revenue was primarily due to a reduction in ongoing projects, leading to decreased income from foundation, building construction, and related services [1] - The turnaround from loss to profit was mainly attributed to a reduction in subcontracting costs within the foundation, building construction, and related services segment [1]

Financial Performance - The group's revenue for the six months ended September 30, 2025, was approximately HKD 112.6 million, a decrease of 42.4% compared to HKD 195.7 million for the same period in 2024[2] - The profit attributable to the company's owners for the period was approximately HKD 0.7 million, a significant improvement from a loss of HKD 3.4 million in the previous year[2] - Basic and diluted earnings per share for the period were approximately HKD 0.01, compared to a loss of HKD 0.06 per share in the same period last year[4] - The group's gross profit for the six months was HKD 30.1 million, down 28.8% from HKD 42.2 million in the prior year[3] - The group reported a total comprehensive income of HKD 520, recovering from a loss of HKD 3.6 million in the same period last year[4] - The company reported a net loss of HKD (3,396,000) for the six months, compared to a net loss of HKD (3,557,000) in 2024[7] - The company reported a net profit of HKD 664,000 for the six months ended September 30, 2025, compared to a net loss of HKD 3,557,000 for the same period in 2024[19][30] Revenue Breakdown - The revenue from foundation and building construction services was HKD 92,041,000, a decline of 41.2% compared to HKD 156,589,000 in 2024[14] - The digital asset trading revenue was approximately HKD 18.8 million, a decrease of about 47.6% from HKD 35.9 million year-on-year[52] - The group's trust and custody service revenue was approximately HKD 0.4 million, a decrease of about 77.8% from HKD 1.8 million in the same period last year[54] - The gross profit from digital asset-related businesses was approximately HKD 12.3 million, down about 56.7% from HKD 28.4 million year-on-year, with a gross margin of approximately 64.0%[56] - The foundation and building construction segment generated revenue of approximately HKD 92.4 million, a decrease of about 41.1% from HKD 157.0 million in the same period last year[48] Expenses and Costs - Administrative and other expenses decreased to HKD 33.4 million from HKD 50.2 million, reflecting a reduction of 33.4%[3] - The company’s employee costs, including directors' remuneration, increased to HKD 45,739,000 for the six months ended September 30, 2025, from HKD 38,120,000 in the same period of 2024, representing an increase of approximately 20%[27] - The total employee cost for the period reached approximately HKD 46.2 million, compared to HKD 40.5 million for the same period last year[75] Assets and Liabilities - The total assets as of September 30, 2025, were HKD 329.1 million, a decrease of 51.6% from HKD 680.3 million as of March 31, 2025[5] - The total liabilities decreased to HKD 179.4 million from HKD 530.7 million, a reduction of 66.2%[6] - The net current assets as of September 30, 2025, were HKD 128.4 million, compared to HKD 136.9 million as of March 31, 2025[6] - The total assets as of September 30, 2025, amounted to HKD 329,135,000, with allocated segment assets of HKD 314,199,000[21] - The total liabilities as of September 30, 2025, were HKD 179,398,000, with segment liabilities contributing HKD 140,632,000[21] Cash Flow - The net cash used in operating activities for the six months was HKD (13,508,000), a significant decrease from HKD 92,491,000 in the previous year[8] - The net cash generated from investing activities was HKD 11,647,000, compared to a cash outflow of HKD (946,000) in 2024[8] - Cash and cash equivalents decreased to HKD 103,214,000 from HKD 142,057,000 at the end of the previous period[8] - As of September 30, 2025, the group's bank and cash balance was approximately HKD 108.6 million, down from HKD 123.2 million as of March 31, 2025[68] Dividends and Equity - The company did not recommend the payment of any interim dividend for the period, consistent with the previous year[2] - The company had no dividends declared or paid for the six months ended September 30, 2025, consistent with the previous year[33] - The company’s total equity as of September 30, 2025, was HKD 149,737,000, slightly up from HKD 149,617,000 at the beginning of the period[7] Compliance and Governance - The company’s financial statements were prepared in accordance with Hong Kong Financial Reporting Standards, ensuring compliance with applicable disclosure requirements[10] - The mid-term performance announcement has been published on the Hong Kong Stock Exchange website and the company's website[86] - The executive directors include Mr. Ren Yunan and Mr. Zhang Chao, with non-executive and independent directors listed[89] Future Outlook - The group will continue to focus on the development of digital asset-related businesses to create long-term returns for shareholders[74] - The group has no plans for significant investments or capital assets in the future[77] - The group has not made any significant investments or acquisitions during the period[76] - The group has no significant capital commitments as of September 30, 2025[72]

Core Viewpoint - The Hong Kong stock market saw a collective rebound in Bitcoin-related stocks, indicating a positive sentiment in the cryptocurrency sector [1] Group 1: Company Performance - OK Blockchain (01499.HK) increased by 5.24%, reaching HKD 0.201 [1] - Boyaa Interactive (00434.HK) rose by 4.66%, trading at HKD 3.82 [1] - Yaocai Securities Financial (01428.HK) gained 4.64%, with a price of HKD 7.22 [1] - Yunfeng Financial (00376.HK) saw a rise of 4.39%, priced at HKD 3.57 [1]