HK Stock Market Move | Both parties have reached a strategic cooperation agreement on the tokenization plan for RWA. EEKA FASHION (03709) surged by over 20%, while DL HOLDINGS GP (01709) increased by over 5%.

date
15/09/2025
avatar
GMT Eight
Winner Fashion and Delin Holdings have entered into a strategic cooperation and investment agreement for the tokenization plan of RWA. As of the press release, Winner Fashion (03709) rose by 20.88% to 9.67 Hong Kong dollars, while Delin Holdings (01709) rose by 5.14% to 3.68 Hong Kong dollars.
EEKA FASHION and DL HOLDINGS GP have entered into a strategic cooperation and investment agreement for the tokenization plan of RWA. As of the time of writing, EEKA FASHION (03709) has increased by 20.88%, to 9.67 Hong Kong dollars; DL HOLDINGS GP (01709) has increased by 5.14%, to 3.68 Hong Kong dollars. According to the announcement, DL HOLDINGS GP and EEKA FASHION jointly announced on September 12, 2025, that they have entered into a strategic cooperation and investment agreement, with DL HOLDINGS GP conditionally agreeing to subscribe for shares at the subscription price on the completion date, and EEKA FASHION conditionally agreeing to issue and distribute shares at the subscription price. DL HOLDINGS GP and EEKA FASHION have reached a consensus on the overall framework and direction for the tokenization plan of RWA under the strategic cooperation. The subscribed shares represent approximately 0.65% of EEKA FASHION's existing issued share capital as of the date of this joint announcement, and approximately 0.65% of EEKA FASHION's issued share capital after the subscription and issuance of shares. The total amount raised from the subscription is estimated to be 29.9 million Hong Kong dollars, while the net amount raised (after deducting all applicable costs and expenses related to the agreement and documents) is estimated to be 29.6 million Hong Kong dollars. EEKA FASHION intends to use the net proceeds for general operating funds. Under the strategic cooperation, EEKA FASHION and DL HOLDINGS GP agree to tokenize a portion of the distributable surplus profits distributed to EEKA FASHION shareholders, based on 10% of the audited revenue of EEKA FASHION's main brand, NEXY.CO, for the financial year ending on December 31, 2025. The parties will negotiate the final agreement and make further announcements as necessary.