Chow Tai Fook strategically invests in Gao Ying Securities through its wholly-owned subsidiary to explore the Hong Kong digital asset market

ChainCatcher news, according to the announcement from the Hong Kong Stock Exchange, Hong Kong listed company Chow Tai Fook announced that it has invested in Going Securities (HK) Limited through its wholly-owned subsidiary HONGKONG CHUANG MEI INTERNATIONAL HOLDINGS GROUP CO., LIMITED using its own funds, and after the transaction, it indirectly holds 15% of the equity in Going Securities. In addition, A-share listed company Huafeng Ultra-fine Fiber's wholly-owned subsidiary Weifutong Technology has also indirectly invested in Going Securities through its wholly-owned subsidiary SwiftPass HongKong Limited, holding an 18% stake.

Chow Tai Fook stated in the announcement that the parties will integrate mature resources in cross-border payment, precious metals, capital markets, and other fields to compliantly expand related businesses in the digital finance sector, explore new growth opportunities in the Hong Kong digital asset market, and will continue to increase investment based on business development.