Core Viewpoint - Yunfeng Financial (00376) has seen a stock price increase of over 5%, currently trading at 3.75 HKD, with a transaction volume of 66.25 million HKD. The company has announced its strategy to purchase ETH as a reserve asset, reflecting its commitment to digital assets and Web3 initiatives [1]. Group 1 - The board of Yunfeng Financial has approved the purchase of ETH in the open market as part of its reserve assets [1]. - As of the announcement date, the company has acquired a total of 10,000 ETH, with a total investment amount of 44 million USD, funded entirely from internal cash reserves [1]. - The board believes that incorporating ETH into the company's strategic reserve aligns with its focus on cutting-edge areas such as Web3 and will provide essential infrastructure support for the tokenization of real-world assets (RWA) [1]. Group 2 - Yunfeng Financial has entered into a strategic cooperation agreement with Ant Digital Technology, a subsidiary of Ant Group, to focus on the tokenization of real-world assets (RWA) [1]. - The company has also announced a strategic investment in Pharos, a next-generation Layer 1 blockchain dedicated to RWA tokenization [1]. - This collaboration aims to leverage Ant Digital's technological expertise in blockchain and digital finance, combined with Yunfeng Financial's experience in asset management, securities, insurance, and renewable carbon assets [1].

智通财经APP获悉，云锋金融(00376)再涨超5% ，截至发稿，涨5.04%，报3.75港元，成交额6625.9万港 元。 消息面上，9月2日，云锋金融公告，董事会已批准在公开市场购买ETH作为公司储备资产。截至公告 日，集团已累计购入1万枚ETH，总投资金额为4400万美元(含费用及开支)，资金全部来自集团内部现 金储备。未来，公司还将持续增加在数字资产方面的投入比重。董事会认为，将ETH纳入公司战略储备 资产符合集团Web3等前沿领域的布局，并能够为现实世界资产(RWA)代币化活动提供关键基础设施支 持。 此前，云锋金融还宣布与蚂蚁数字科技(蚂蚁集团旗下科技商业化板块)达成战略合作协议，并宣布对专 注于现实世界资产(RWA)代币化的新一代Layer1公链Pharos进行战略投资。通过此次合作，云锋金融将 融合蚂蚁数科在区块链与数字金融领域的技术积累，以及云锋金融在现时金融业务(资产管理、证券、 保险)及新能源碳资产方面的专业经验。双方将通过Pharos高性能公链平台，共同合规拓展现实世界资 产(RWA)代币化及下一代互联网(Web3)等前沿领域。 ...

Core Viewpoint - Yunfeng Financial (00376) has entered a strategic partnership with Ant Digital Technology, focusing on the tokenization of real-world assets (RWA) through a new Layer 1 blockchain called Pharos [1] Group 1: Strategic Developments - On September 1, Yunfeng Financial announced a strategic cooperation agreement with Ant Digital Technology [1] - The company plans to invest strategically in the Pharos blockchain, which is dedicated to RWA tokenization [1] Group 2: Financial Investments - On September 2, Yunfeng Financial's board approved the purchase of 10,000 Ethereum (ETH) as a strategic reserve asset, with a total investment cost of $44 million, sourced from internal cash reserves [1] - The acquisition of ETH aims to support the company's initiatives in Web3, RWA tokenization, digital currency, ESG zero-carbon assets, and artificial intelligence [1] Group 3: Future Directions - The collaboration with Ant Digital Technology will leverage the Pharos high-performance blockchain platform to explore compliance and expansion in RWA tokenization and next-generation internet (Web3) [1] - The company is also looking into the application scenarios of ETH within its insurance business [1]

Core Insights - The strategic partnership between Yunfeng Financial and Ant Digital Technology aims to reshape the financial landscape by integrating blockchain technology with traditional finance [1][3] - The collaboration focuses on the tokenization of Real World Assets (RWA) through the Pharos Layer 1 blockchain, marking a significant step towards "financial new infrastructure" [1][3] Company Overview - Yunfeng Financial, co-founded by Jack Ma, holds various financial licenses in Hong Kong, including securities trading and asset management, and is positioned to facilitate RWA token issuance and secondary market trading [2][3] - Ant Digital Technology, a subsidiary of Ant Group, has established itself as a leader in blockchain technology with over 50 global nodes and more than 2,000 blockchain-related patents [1][2] Market Potential - The RWA market is anticipated to grow significantly, with McKinsey predicting it could exceed $16 trillion by 2030, positioning it as the "third wave of blockchain revolution" following cryptocurrencies and DeFi [2] - The partnership is expected to enhance Hong Kong's competitiveness as a global RWA hub, attracting quality assets for issuance and providing diverse investment options for global investors [3] Technological Integration - The collaboration is characterized by a deep strategic synergy where Yunfeng Financial provides compliance and asset expertise, while Ant Digital Technology offers foundational technology and security architecture [3] - The Pharos blockchain serves as a neutral infrastructure for asset registration, rights confirmation, trading, and settlement, creating a closed-loop system that enhances asset digitization efficiency and reduces intermediary costs [3] Future Outlook - The partnership is set to redefine the boundaries of assets, capital, and regulation, potentially positioning Hong Kong as a new anchor for global capital in the Web3 era [4]

Core Viewpoint - The strategic partnership between Yunfeng Financial and Ant Digital Technology aims to reshape the financial landscape by integrating blockchain technology with traditional finance, focusing on the tokenization of real-world assets (RWA) through the Pharos Layer 1 blockchain [1][3]. Company Overview - Yunfeng Financial, co-founded by Jack Ma, holds full licenses in securities, asset management, insurance, and carbon assets, and is positioned as an innovative financial technology group listed on the Hong Kong main board [2][3]. - Ant Digital Technology, a subsidiary of Ant Group, has established itself as a leader in blockchain as a service (BaaS) in China, with over 50 global nodes and more than 2,000 blockchain-related patents [1][2]. Strategic Collaboration - The collaboration is characterized as a deep strategic synergy rather than mere technical procurement, with Yunfeng providing asset expertise and compliance frameworks while Ant Digital offers foundational technology and security architecture [3]. - The Pharos blockchain serves as a neutral and open infrastructure for asset registration, rights confirmation, trading, and settlement, creating a closed-loop ecosystem that enhances asset digitization efficiency [3]. Market Implications - The partnership is expected to enhance Hong Kong's competitiveness as a global RWA hub, attracting quality assets for issuance and providing diverse investment options for global investors [3]. - The RWA market is projected to exceed $16 trillion by 2030, marking it as the "third wave of blockchain revolution" following cryptocurrencies and DeFi [2]. Future Outlook - The collaboration is anticipated to redefine the boundaries of assets, funds, and regulation, positioning Hong Kong as a potential new anchor for global capital in the Web3 era [4].