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Hong Kong-listed China Renaissance Holdings rose more than 10%, the company plans to spend 100 million US dollars to enter the Web3 and cryptocurrency space

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2025-06-30 03:00:59
According to market data, Hong Kong stocks China Renaissance Holdings (01911.HK) rose more than 10%, now reported at HK $4.93, the turnover exceeded 23.13 million Hong Kong dollars.
China Renaissance Holdings announced that the board of directors decided to enter the field of Web 3.0 and cryptocurrency assets while consolidating Huaxing's existing business, and approved a budget of US $100 million for the group to develop Web 3.0 business and invest in cryptocurrency assets in the next two years.
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