HK Stock Market Move | HATCHER GROUP (08365) rises over 8%, intends to establish INSMEN GROUP joint venture platform, focusing on the Web3 digital ecosystem.

HATCHER GROUP (08365) rose over 8%, up 8.57% as of press time, at HK$0.76, with a turnover of HK$1.5791 million. On the news front, HATCHER GROUP recently announced that the company intends to invest, together with Insmen Strategic Investment Holdings Limited ("Insmen Strategic"), Aqua Labs Investment LLC ("Aqua Labs"), Cornerstone Information Systems Limited ("Cornerstone Information Systems") and Mr. Pan Yangwen ("Mr. Pan") (collectively, the "Cooperative Parties"), in Insmen Global Strategic Holding Group Co., Limited ("Insmen Global"); and to jointly establish a joint venture platform Insmen GROUP (the "JV Platform") through Insmen Global together with other international investment institutions. The JV Platform is positioned as a cross-border technology and digital asset investment and operation platform, focusing on the Web3 digital ecosystem, including digital asset infrastructure and branded digital asset operations in Southeast Asia and the Middle East; investment businesses related to the Hong Kong and U.S. securities markets; and artificial intelligence ("AI") industry investments in Southeast Asia and the Middle East, particularly edge computing power, industrial AI agents, rehabilitation Siasun Robot&Automation and parking Siasun Robot&Automation.