Casting Emperor Holdings (01413.HK): Plans to invest up to HK$4.5 million in cryptocurrency.
China Times Finance APP, Zhudi Holdings (01413.HK) announced that the group plans to establish a joint venture on November 22, 2024 and December 13, 2024 to complement the group's diversified investment portfolio and capture emerging opportunities in the digital asset field. The company's board of directors has approved a strategic investment framework, under which the group will use up to HK$4.5 million of its own capital through its indirectly non-wholly owned subsidiary, Tiankun Digital Limited (the joint venture established at that time), for cryptocurrency investment. This strategy will employ a mature, Delta-neutral quantitative strategy, focusing on capital preservation and robust risk-adjusted returns.
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