On September 3, according to market information, Yunfeng Financial ( HK:00376) opened higher and then experienced a price turn lower after positive open, falling 4.09% during the day, with the stock price currently reported at 3.52 HKD. Yesterday, it was announced that Yunfeng Financial has purchased 10,000 ETH to establish an Ethereum asset reserve. According to public data, Alibaba founder Jack Ma indirectly holds about 11.15% of Yunfeng Financial through Yunfeng Fund, owns 29.85% of Yunfeng Financial Holdings Limited, and holds 40% in Shanghai Yunfeng Innovation (without voting rights).
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The stock price of Yunfeng Financial did not rise due to the news of "buying 10,000 Ether" and fell 4.09% during the session.
On September 3, according to market information, Yunfeng Financial ( HK:00376) opened higher and then experienced a price turn lower after positive open, falling 4.09% during the day, with the stock price currently reported at 3.52 HKD. Yesterday, it was announced that Yunfeng Financial has purchased 10,000 ETH to establish an Ethereum asset reserve. According to public data, Alibaba founder Jack Ma indirectly holds about 11.15% of Yunfeng Financial through Yunfeng Fund, owns 29.85% of Yunfeng Financial Holdings Limited, and holds 40% in Shanghai Yunfeng Innovation (without voting rights).