On September 19, Jack Ma, through Yunfeng Capital, indirectly holds about 11.15% of the Hong Kong-listed company Yunfeng Financial (HK:00376), and has appointed Jiang Guofei, the former president of Ant Digital Technology Group, as the chairman of the Web3 Development Committee.
On September 5, Yunfeng Financial appointed Liang Xinjun, co-founder, former vice chairman, and CEO of Fosun Group, as an independent non-executive director of the board.
Previously, Yunfeng Financial also purchased 10,000 $ETH and conducted a stock issuance at HKD 6.1 per share, raising approximately HKD 1.15 billion (about USD 147 million).
Yunfeng Financial has also obtained a license to provide virtual asset trading and other services in Hong Kong, offering trading services for Crypto assets such as Bitcoin and Ethereum.
Since 2025, Yunfeng Financial's stock price has increased by nearly 5 times.