Hong Kong-listed Lianzhong shares surged over 40% intraday, with its subsidiaries investing in Bitcoin and increasing their Ethereum holdings.

This article is machine translated
Show original

On October 15, according to market information, Hong Kong-listed company Lianzhong (06899.HK) rose more than 40% during trading today. As of press time, it was reported at HK$0.415.

Previously, it announced that its subsidiary AGAE had invested in Bitcoin (BTC) and increased its Ethereum (ETH) holdings, launching a strategic plan to incorporate cryptocurrencies into its balance sheet and laying the foundation for its blockchain applications and RWA tokenization layout.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments