Core Viewpoint - Empire Financial Group (08029) plans to issue up to 46.68 million shares, representing approximately 16.67% of the company's enlarged issued share capital, at a price of HKD 0.388 per share, which is a discount of about 19.17% compared to the closing price of HKD 0.480 on September 17 [1] Summary by Categories Share Placement Details - The total proceeds from the share placement are estimated to be approximately HKD 18.1 million, with net proceeds expected to be around HKD 17.6 million [1] - The share placement price reflects a significant discount to the market price, indicating potential dilution for existing shareholders [1] Use of Proceeds - Approximately HKD 7 million is intended for general working capital [1] - About HKD 6 million will be allocated for further development of financial services, including enhancements related to cryptocurrency trading and management [1] - Approximately HKD 4.6 million is earmarked for the development and investment in Web 3.0 businesses and projects [1]

Core Viewpoint - Huaxing Capital Holdings (01911) has experienced a significant stock price increase, rising over 9% to reach a new high of 7.38 HKD since March 2023, with a year-to-date increase of 150% [1] Financial Performance - The company anticipates a profit attributable to shareholders of approximately 64.98 million RMB for the six months ending June 30, 2025, marking a turnaround from previous losses [1] - The substantial increase in operating profit from the investment management segment has been a key driver of the company's financial performance [1] - Losses at Huaxing Securities Limited have significantly decreased, and the company has achieved notable results in reducing operating costs [1] Strategic Initiatives - In June 2023, the board approved a budget of 100 million USD to expand into the Web 3.0 and cryptocurrency asset sectors over the next two years [1] - The company plans to enhance its investments in stablecoins, Real World Assets (RWA), and the entire cryptocurrency ecosystem, while actively pursuing the application and upgrade of relevant business licenses [1] - Huaxing Capital has successfully invested in Circle Internet Group and provided listing and financing services for numerous leading cryptocurrency firms [1]

Core Viewpoint - The founder of Huaxing Capital Holdings, Bao Fan, has reportedly completed a two-and-a-half-year investigation, which had previously caused significant disruption in the venture capital community [1] Group 1: Company Operations - Despite the investigation, Huaxing Capital's business and operations have continued normally, with the executive committee fully responsible for the group's strategic advancement [1] - Huaxing Capital has benefited from past investments in new economy sectors, exemplified by the recent successful IPO of C1 Fund on the New York Stock Exchange, where Huaxing acted as the exclusive underwriter, raising approximately $60 million by issuing 6 million shares at $10 each [1] Group 2: Strategic Initiatives - In June 2023, Huaxing Capital announced its entry into the Web 3.0 and cryptocurrency asset sectors, approving a budget of $100 million for the development of Web 3.0 business and cryptocurrency investments over the next two years [1] - The company plans to increase investments in stablecoins, Real World Assets (RWA), and the entire ecosystem surrounding cryptocurrencies, while actively pursuing the application and upgrade of relevant business licenses [1]

Group 1 - The company, 瑞和数智, has announced a budget of HKD 80 million to develop its Web 3.0 business and invest in cryptocurrency assets over the next two years [1] - This investment plan marks the company's first step into the Web 3.0 and cryptocurrency asset sectors, responding to supportive policies from the Hong Kong government [1] - The company recognizes the transformative impact of digital currencies and blockchain technology on the global financial landscape, highlighting the strong growth potential of the global digital asset market [1] Group 2 - The investment plan will focus on digital assets that comply with applicable laws and regulatory standards, including cryptocurrencies and real-world asset projects [2] - The company aims to accelerate the on-chain transformation of its traditional financial services and establish a favorable position in the digital financial ecosystem [2] - The board believes that the strategic investment in cryptocurrency assets aligns with the global trend towards digital asset institutionalization and the evolving regulatory framework [2]

智通财经6月26日电，华兴资本控股在港交所公告称，董事会决议进军Web3.0和加密货币资产领域，并 批准总额为1亿美元的预算，在未来两年期间用於本集团发展Web3.0业务和投资加密货币资产（加密货 币资产投资计划）。 ...