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Feiyang International Expands into Digital Asset Business with New Share Subscription

Story Highlights
  • Feiyang International is raising funds to develop its Digital Asset Business.
  • The company plans to digitalize cultural and tourism assets with a capital requirement of HK$16.5 million.
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Feiyang International Expands into Digital Asset Business with New Share Subscription

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Feiyang International Holdings Group Limited ( (HK:1901) ) has shared an update.

Feiyang International Holdings Group Limited announced a subscription of new shares, raising funds to develop its Digital Asset Business. The company plans to use the proceeds to digitalize cultural and tourism assets, targeting institutional investors and high-net-worth individuals, with a capital requirement of approximately HK$16.5 million over the next 18 months.

More about Feiyang International Holdings Group Limited

Feiyang International Holdings Group Limited operates in the cultural and tourism industry, focusing on digital asset business development. The company is exploring technologies like blockchain to digitalize cultural and tourism assets, aiming to capitalize on global financial trends.

Average Trading Volume: 4,968,315

Technical Sentiment Signal: Buy

Current Market Cap: HK$291.2M

For an in-depth examination of 1901 stock, go to TipRanks’ Overview page.

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