TechFlow, August 28 — According to a Hong Kong Stock Exchange announcement,顺泰控股 (01335.HK), a listed company, announced the expansion into cryptocurrency business, planning to allocate approximately HK$70 million from internal financial resources for cryptocurrency trading.
The company has established a dedicated team to manage its virtual asset operations, focusing on cryptocurrencies with over five years of history and strong liquidity, including BTC, ETH, BNB, and FIL. To manage risks, strict internal controls have been implemented, such as limiting each transaction to no more than 10% of the unused budget, setting stop-loss thresholds at no more than 20% below purchase prices, and ensuring stablecoins account for at least 5% of the investment portfolio.
The company stated that this move aligns with its existing semiconductor business through synergistic effects and supports Hong Kong's vision of becoming a global leading digital asset hub.
