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Hang Seng Electronics responded to rumors of cooperation with Ant Digital: It is not possible to confirm whether the cooperation has been reached
12hours ago

Odaily Planet Daily News: Hang Seng Electronics' stock price hit the daily limit today. The market fluctuation may be related to a rumor of "Hang Seng and Ant Digital Cooperation". It is reported that Hang Seng Electronics' wholly-owned subsidiary Hengyun Technology has reached a strategic cooperation with Ant Digital, involving the operation and system construction of virtual assets and stablecoins, mainly for Hong Kong and overseas markets, and plans to hold a related stablecoin conference in September.

In response, Hang Seng Electronics' investor relations department said that the company has noticed relevant market rumors, and the stock price limit may be related to this, but it is currently unable to confirm whether it has reached cooperation with Ant Digital. The department added that the company's Hong Kong subsidiary has indeed provided IT services to Hong Kong and Chinese securities firms for a long time, with a large market share, and is also actively deploying stablecoins, virtual assets and overseas businesses, and has had preliminary exchanges with Ant Digital. However, whether the cooperation has been reached still needs to be subject to the company's official announcement. (Jinshi)