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Yunfeng Financial Group Limited ( (HK:0376) ) just unveiled an announcement.
Yunfeng Financial Group Limited has announced the purchase of 10,000 ETH as strategic reserve assets, amounting to a total investment of US$44 million. This move aligns with the company’s strategy to expand into frontier areas and aims to support technological innovation in the Web3 field, optimize asset structure, and explore new business models in its insurance sector.
The most recent analyst rating on (HK:0376) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Yunfeng Financial Group Limited stock, see the HK:0376 Stock Forecast page.
More about Yunfeng Financial Group Limited
Yunfeng Financial Group Limited is a Hong Kong-based company operating in the financial services industry. It focuses on strategic expansion into frontier areas such as Web 3, Real World Assets, digital currency, ESG Net Zero Assets, and artificial intelligence.
Average Trading Volume: 34,826,131
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$12.3B
Find detailed analytics on 0376 stock on TipRanks’ Stock Analysis page.