HK Stock Market Move | KAISA CAPITAL (00936) rises by more than 50% again, with the company expanding into the tokenization of RWA business. The overseas debt restructuring has been fully effective.

KAISA CAPITAL (00936) surged by 170% yesterday, and rose by over 50% again in intraday trading today, reaching 41.18% at HK$0.72 per share with a trading volume of HK$1018.71 million. On the news front, on September 17, KAISA CAPITAL, a subsidiary of Country Garden, announced the start of a strategic transformation, partnering with a licensed virtual asset trading platform in Hong Kong to promote the tokenization of RWA under the Hong Kong regulatory framework. It is worth noting that on September 15, KAISA GROUP had just announced that all conditions for the overseas debt restructuring had been met, and the restructuring plan had come into full effect. Country Garden stated in the announcement that they would "rely on shareholder resources, their own industry and regional advantages, and the technical accumulation of their partners in the Web3.0 field to explore digital financial innovation within the regulatory framework in Hong Kong." KAISA CAPITAL stated that they will continue to promote innovation and resource integration in the fields of financial technology, digital finance, and Web3.0, creating long-term value in line with the trends of the new era.