Zhitong
2024.03.05 02:21
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Hong Kong Stock Market Update | SINOHOPE TECH Holdings surged over 4% as Bitcoin breaks through $68,000.

SINOHOPE TECH surged over 4%, as of the time of publication, it rose by 4.04% to HKD 3.35, with a turnover of HKD 3.3551 million. On the news front, Bitcoin broke through $68,000, reaching a high of $68,569.44, approaching the historical high of $68,991.85 set on November 10, 2011. Bitcoin has risen by nearly 50% so far this year, with some market commentators even predicting that it could surpass the $100,000 mark by the end of the year. It is reported that SINOHOPE TECH mainly provides virtual asset trading and technical solution services, including virtual asset lending and asset management for clients, as well as providing over-the-counter trading platforms, acting as an exchange. In the 2023 fiscal year, revenue generated from over-the-counter trading and lending management services amounted to HKD 2.811 billion, accounting for 99.19% of total revenue.

Zhitong App has learned that SINOHOPE TECH (01611) surged over 4%, as of the time of publication, it rose by 4.04% to HKD 3.35, with a turnover of HKD 3.3551 million.

On the news front, Bitcoin broke through $68,000, reaching a high of $68,569.44, approaching the historical high of $68,991.85 set on November 10, 2011. Bitcoin has risen by nearly 50% since the beginning of this year, with some market commentators even predicting that Bitcoin may break through the $100,000 mark by the end of the year.

It is reported that SINOHOPE TECH mainly provides virtual asset trading and technical solution services. The revenue generated from over-the-counter trading and asset management services in the 2023 fiscal year amounted to HKD 2.811 billion, accounting for 99.19% of total revenue.