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FINWIRES

GoFintech Innovation Enters Investment MoU With Social Platform Operator

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GoFintech Innovation (HKG:0290) is negotiating a minority investment in a Hong Kong-based decentralized social and messaging platform operator, according to a filing with the city's bourse Thursday.

The company's shares were up nearly 11% in early afternoon trade Monday.

The firm entered a non-legally binding memorandum of understanding for a potential investment in Luffa AI following due diligence under a three-month exclusivity period, it said.

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