Yunfeng Financial Included in Stock Connect Programs, Accumulates Purchase of 10,000 ETH
Yunfeng Financial announced that it has been included in the list of eligible securities for the Hong Kong Stock Connect under the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect programs, effective September 7, 2026. Following this inclusion, qualified mainland Chinese investors can trade the Group's shares listed on the Hong Kong Stock Exchange through domestic securities firms via the Stock Connect programs, providing a more convenient channel for mainland investors to invest in the Group's shares. Yunfeng Financial has previously disclosed that it has accumulated the purchase of 10,000 ETH in the open market, with a total investment cost of 44 million USD. The funds for the purchase came from the Group's internal cash reserves, and the acquired ETH is listed as investment assets in the Group's financial statements. Additionally, Yunfeng Financial plans to explore incorporating a diversified range of mainstream digital assets, including Bitcoin (BTC) and Solana (SOL), into its strategic reserve assets.
-- Price
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