Core Viewpoint - 瑞和数智 plans to diversify its revenue sources by engaging in cryptocurrency business through cloud mining services provided by Bitmain, an independent third party [1][2] Group 1: Business Strategy - The company aims to establish a new revenue stream through cryptocurrency mining, which is expected to provide additional income [1] - The board believes that Bitcoin mining as an independent business segment offers opportunities in digital assets and emerging technologies, aligning with the strategic value amid increasing macroeconomic uncertainties [1] - This initiative is in line with the Hong Kong government's policy direction regarding blockchain and digital asset innovation [1] Group 2: Risk Management and Operational Efficiency - By outsourcing Bitcoin mining to a leading service provider, the company can transfer some risks and responsibilities, avoiding significant upfront capital expenditures on hardware and infrastructure [2] - This arrangement reduces operational complexities and risks associated with hardware failures, energy management, and technical challenges [2] - The company retains the right to purchase mining machines, allowing for direct control over mining operations and hardware when necessary [2] Group 3: Market Alignment - The company's move to expand into cryptocurrency aligns with the rapid development of the digital economy and virtual asset industry in Hong Kong [2]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部 或任何部份內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 董 事 會 認 為，比 特 幣 挖 礦 作 為 獨 立 業 務 板 塊，可 為 本 集 團 提 供 不 同 於 傳 統 運 營 及 投 資 模 式 的 數 字 資 產 及 新 興 技 術 領 域 的 機 會。在 當 前 宏 觀 經 濟 不 確 定 性 增 加 的背景下，此類業務更具戰略價值。此外，該業務不僅具有高回報潛力，還能推 動 本 集 團 佈 局 區 塊 鏈 及 數 字 資 產 創 新 領 域，確 立 公 司 的 前 瞻 性 定 位，與 香 港 特 別行政區政府相關政策導向相契合。 – 1 – Ruihe Data Technology Holdings Limited 瑞和數智科技控股有限公司 （於開曼群島註冊成立之有限公司） （股份代號：3680） 自願性公告– 通過開展加密貨幣業務 拓展收入來源 本 自 願 性 公 告 由 瑞 和 數 智 科 技 控 股 有 限 公 司（「本公司」，連 同 ...

Core Viewpoint - Data has emerged as a critical production factor alongside land, labor, capital, and technology, with its value rapidly being unlocked in the digital era. The development of the Zhengzhou Data Trading Center exemplifies how data can be effectively utilized and traded, aiming to establish a national-level data exchange and lead the construction of a unified national market [1]. Group 1: Development of Zhengzhou Data Trading Center - The Zhengzhou Data Trading Center, as the only licensed data trading venue in Henan, aims to create a national-level data exchange and has made significant progress in data market cultivation, trading system construction, and cross-regional data circulation [1]. - Celebrating its third anniversary on August 21, the center has transformed data from static characters into dynamic, tradable assets, showcasing various data products and trading dynamics [1]. Group 2: Agricultural Digital Consumption Platform - The center has launched China's first agricultural digital consumption platform, utilizing credible data to connect the entire agricultural supply chain through digital rights certificates [2]. - The "Longbai Digital Ginseng" project, which was launched on January 5, represents the first instance of "digital ginseng" in China, enabling full-chain digital supervision from source management to quality certification [2]. Group 3: Expansion of Product Offerings - The trading center has introduced various digital products, including "Digital Pu'er Tea," which utilizes blockchain technology for full lifecycle traceability, enhancing consumer trust and product value [3][5]. - A total of 14 products across four categories have been launched, generating sales of approximately 34.26 million yuan [6]. Group 4: Cross-Regional Collaboration - The establishment of the Hami operation center has facilitated the deployment of a comprehensive data service platform, with 139 data products registered and 10 data enterprises introduced [7]. - The center aims to replicate its data trading model across the Yellow River basin and the central and western regions, contributing to the national unified data market [8]. Group 5: Innovative Trading Models - The Zhengzhou Data Trading Center has completed 1,460 data transactions, with a total transaction value of approximately 3.84 billion yuan, establishing a robust data asset registration mechanism [10]. - The center has developed a comprehensive service platform that includes 12 subsystems to address challenges in data trading and compliance [11]. Group 6: Future Directions - The center plans to enhance its role in the national unified market by promoting the "Henan Model" for data trading, aiming for broader replication and implementation across the country [13].

Group 1 - Sharps Technology (STSS.US) experienced a surge of over 50% on Monday, with a cumulative increase of 130% over three trading days, reaching a price of $11.23 [1] - The company announced the completion of a private placement financing exceeding $400 million [1] - Sharps Technology plans to establish the largest Solana (SOL) digital asset treasury globally [1]

Core Viewpoint - Huaxing Capital has announced a strategic partnership with YZi Labs to support the development of the BNB and BNB Chain ecosystem, marking a significant step in its Web3 strategy and traditional financial infrastructure transformation [1][2]. Group 1: Strategic Initiatives - Huaxing Capital plans to invest approximately $100 million in BNB, recognizing the value and potential of the BNB Chain ecosystem, which is one of the most widely used public chains globally [2]. - The company will collaborate with Huaxia Fund (Hong Kong) to develop fund products and other Web3-related offerings, ensuring compliance with the Hong Kong Securities and Futures Commission (SFC) [2]. - A Real World Assets (RWA) fund, targeting several hundred million dollars, will be established to focus on the tokenization and on-chain circulation of traditional assets such as real estate, bonds, and commodities [2]. Group 2: Market Position and Future Outlook - This partnership positions Huaxing Capital as the first Hong Kong-listed company to include BNB in its digital asset allocation, aiming to drive the adoption of blockchain technology among TMT companies listed in Hong Kong [3]. - The collaboration is expected to create synergies, enhancing Huaxing Capital's financial services and investment banking capabilities while integrating digital assets into its core operations [3]. - The partnership is seen as a strategic choice that combines Huaxing's financial expertise with YZi Labs' leadership in the Web3 space, aiming to bridge traditional economies with the digital future [3].

Core Insights - Dogecoin (DOGE) price dynamics have garnered significant attention, currently trading around $0.217243, driven by institutional and regulatory positive developments [1] Group 1: Institutional and Regulatory Developments - Thumzup Media, closely associated with the Trump family, announced a $50 million acquisition of Dogehash Technologies in an all-stock deal, aiming to create the largest Dogecoin mining platform in the U.S. [3] - Wyoming has launched the first state-supported stablecoin, "Frontier Stable Token," indicating a shift in U.S. regulatory acceptance of digital assets, potentially benefiting Dogecoin and similar assets [4] - Federal Reserve Vice Chair Michelle Bowman suggested that banks could face competitive risks if they remain passive in the digital asset space, signaling a softening stance towards cryptocurrencies [5] Group 2: Market Dynamics and Price Trends - Following the aforementioned positive developments, Dogecoin's price fluctuated between $0.21 and $0.22 from August 20 to 21, with a daily volatility of approximately 5% [6] - On August 21, trading volume surged to $61.8 million, with a 1% price increase from $0.21 to $0.22, indicating strong buying momentum [6] - Institutional investors accumulated 2 billion DOGE (approximately $500 million) this week, highlighting market confidence [6] Group 3: Technical Analysis and Market Outlook - The price range of $0.21 to $0.22 serves as a solid support level, with $0.22 identified as a key pivot point [7] - A breakthrough above the $0.225 resistance level could open up further upward potential [7] - Current open interest in futures remains stable at $3 billion, reflecting heightened leverage trading enthusiasm [7] - Institutional trading volume reached 378.6 million, further confirming market activity [7] - Thumzup's mining expansion may alter Dogecoin's hash rate distribution, potentially exerting short-term price pressure but enhancing network stability in the long run [7] - The positive regulatory environment from Wyoming and the Federal Reserve's comments are expected to provide favorable conditions for the industry [7] - SoFi Technologies' integration of the Bitcoin Lightning Network targeting the $740 billion remittance market indicates a deepening convergence between traditional finance and the crypto market, offering more use cases for Dogecoin and similar assets [8]

Group 1 - The core point of the news is that Yicheng Group (08365) has seen its stock price increase by over 230% in the past week, with a current rise of 11.61% to HKD 1.25, and a trading volume of HKD 4.99 million [1] - The company has entered into a partnership agreement with EF HongKong and EF Commodities, granting exclusive and non-transferable rights to introduce clients to trade digital gold-backed instruments in Hong Kong [1] - The partnership is initially set for one year and can be extended upon mutual agreement, positioning the company to promote and assist in the sale of security tokens in Hong Kong [1] Group 2 - The company aims to diversify its business operations and revenue sources by seeking opportunities in the emerging financial sector, particularly in the growing digital asset market in Hong Kong [2] - The board views the partnership with Esperanza as a strategic move to leverage the group's expertise in financial services, establishing its position as a pioneer in the institutional-level digital asset distribution field [2] - This strategic initiative not only diversifies the company's service offerings but also provides a first-mover advantage in the rapidly developing tokenized asset market within Asia's leading financial center [2]

Group 1 - Yicheng Group (08365) experienced a stock price increase of over 11%, with a cumulative rise of more than 230% in the past week, reaching HKD 1.25 per share and a trading volume of HKD 4.99 million [1] - The company announced a partnership agreement with EF HongKong and EF Commodities, granting exclusive and non-transferable rights to introduce clients to digital gold-backed instruments in Hong Kong, effective until August 18, 2025 [1] - The partnership also involves promoting and assisting in the sale of security tokens through EF HongKong's affiliated companies, which possess the regulatory and technical infrastructure for trading such tokens [1] Group 2 - The company aims to diversify its business operations and revenue sources by actively seeking opportunities in emerging financial sectors [2] - The board views the partnership with Esperanza as a strategic move to leverage the group's expertise in financial services and expand into the growing digital asset market in Hong Kong [2] - This exclusive collaboration positions the group as a pioneer in the institutional-level digital asset distribution field, capitalizing on the significant interest in security tokens among global institutional investors [2]

Group 1 - The core viewpoint of the news is that Yicheng Group (08365) has seen a significant stock price increase of over 11% and a cumulative rise of more than 230% in the past week, following the announcement of a partnership agreement to distribute regulated digital gold-backed instruments and security tokens in Hong Kong [1][2] - The partnership agreement with EF HongKong and EF Commodities grants Yicheng Group exclusive and non-transferable rights to introduce clients to buy and sell digital gold-backed instruments in Hong Kong, and to promote and assist in the sale of security tokens [1][2] - This strategic partnership is seen as a timely move to leverage the growing interest in security tokens among global institutional investors, positioning Yicheng Group as a pioneer in the institutional-level digital asset distribution sector [2] Group 2 - The company aims to diversify its business operations and revenue sources by actively seeking opportunities in the emerging financial sector, particularly in the rapidly growing digital asset market in Hong Kong [2] - The partnership is expected to enhance the company's service offerings and provide a first-mover advantage in the tokenized asset market within Asia's leading financial center [2]

Group 1: Market Overview - The Hong Kong Monetary Authority and Securities and Futures Commission have issued a joint statement regarding the recent speculation in the stablecoin market, indicating that they will adopt a prudent approach in issuing licenses for stablecoin issuers, with high standards and only a few licenses to be granted initially [1] - Goldman Sachs has reported that the stablecoin market is at the beginning of a new gold rush, with a potential total market size reaching several trillion dollars, and USDC is expected to benefit from market share growth as legislation progresses [4] - The global stablecoin market is projected to exceed $250 billion by 2025, growing over 11 times from 2020, with a compound annual growth rate of 65% [7] Group 2: Growth Drivers - Regulatory frameworks such as the US GENIUS Act and Hong Kong's Stablecoin Regulation are expected to drive compliance and facilitate the issuance of stablecoins, with companies like Circle raising $624 million through IPOs [9] - The tokenization of real-world assets (RWA) such as US Treasury bonds and real estate has reached $35 billion and is expected to exceed $50 billion by 2026, providing long-term growth momentum for stablecoins [9] - Stablecoins are significantly reducing cross-border remittance costs and transaction times, with notable usage in regions like Yiwu, China, and the Philippines [10] Group 3: Company Developments - MetaMask plans to launch the stablecoin mUSD by the end of August, targeting 30 million monthly active users, backed by short-term US Treasury yields [2] - Citigroup is considering entering the stablecoin space by providing custody, payment, and dollar exchange services, and is even contemplating issuing its own stablecoin [3] - Companies like Beixin Source and Yuyin Co. are developing technologies and solutions to support stablecoin issuance and transactions, with Beixin Source integrating with Hong Kong's regulatory sandbox [14][15] Group 4: Future Outlook - The integration of stablecoins into decentralized finance (DeFi) and the tokenization of real-world assets is expected to deepen the connection between traditional finance and the crypto world [12] - Major retail giants like Walmart and Amazon are preparing to issue their own stablecoins, indicating a trend towards mainstream adoption [11] - The stablecoin market is anticipated to evolve from being merely a cash equivalent in the crypto world to becoming a core component of global digital financial infrastructure [12]