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HKG:0290

6 stories mentioning HKG:0290Updated just now

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Asia

HK.AI Capital Forecasts Surge in Fiscal-Year Profit

HK.AI Capital (HKG:1140) expects an attributable profit of between HK$6 billion and HK$6.3 billion for the year ended March 31, compared with a net profit of HK$64.2 million a year prior, according to a Thursday Hong Kong bourse filing.The securities investor attributed the forecast to a one-off gain of between HK$3.45 billion and HK$3.65 billion from the disposal of 22.5% shares in CSOP Asset Management to GoFintech Quantum Innovation (HKG:0290).Another factor was the recognition of unrealized gains of between HK$2.53 billion and HK$2.79 billion on its investments in GoFintech Quantum at fair value through profit or loss.

HKG:0290HKG:1140
Asia

GoFintech Innovation Warns of Substantially Wider Fiscal-Year Loss

GoFintech Quantum Innovation (HKG:0290) expects an attributable loss of up to HK$2.14 billion for the year ended March 31, wider than HK$2.5 million a year prior, according to a Thursday Hong Kong bourse filing.The securities brokerage attributed the forecast to an impairment loss of HK$2.45 billion from the acquisition of shares in CSOP Asset Management, and the recognition of a one-off loss from the dilution of its shareholding in HK.AI.

HKG:0290
Asia

GoFintech Innovation to Acquire Nearly 20% of Social Platform Operator

GoFintech Innovation (HKG:0290) agreed to invest around $40 million in a Hong Kong-based decentralized social and messaging platform operator, according to a filing with the city's bourse Tuesday.The firm will purchase around 11.9 million Luffa AI shares from three existing investors for $19.8 million, and subscribe to a further 10 million shares of the business under a separate transaction.The shares collectively represent 19.9% of Luffa AI's enlarged share capital.GoFintech Innovation had announced its intention to invest in Luffa AI in April.

HKG:0290
Asia

GoFintech Innovation Enters Investment MoU With Social Platform Operator

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.

HKG:0290
Asia

GoFintech Innovation Co-CEO Resigns

GoFintech Innovation's (HKG:0290) co-chief executive Zhang Huachen resigned from the role to give time to other business commitments, the firm said in a Hong Kong bourse filing Monday.The securities brokerage's shares gained 1% in late morning trade Tuesday.With Zhang's departure, Yuan Tianfu was re designated as the sole chief executive of the company.

HKG:0290
Asia

GoFintech Appoints Chief Scientist

GoFintech Quantum Innovation (HKG:0290) appointed Jing Lin as its chief scientist, according to a Hong Kong bourse filing Friday.Shares of the securities brokerage fell nearly 2% in late morning trade Monday.With nearly two decades of experience in enterprise artificial intelligence, Lin will be responsible for providing advice on strategic direction and professional technical consultation, GoFintech said.

HKG:0290

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