Dah Sing Banking Group's stock in Hong Kong soared over 24%, up over 45% in the past 5 days, with a market value rising to HKD 4.761 billion
BlockBeats News, December 31st, according to market data, Hong Kong stock Derun Holdings rose by over 24%, rising by over 45% in the past 5 days, with a market value reaching 4.761 billion Hong Kong dollars.
On the news front, Derun Holdings announced that on December 29, 2025, its subsidiary Derun Securities (Hong Kong) Limited (Derun Securities), in which the company holds a 70% stake, has conditionally obtained approval from the Hong Kong Securities and Futures Commission to provide virtual asset trading services under a complex account arrangement. However, Derun Securities must meet certain conditions of its existing Type 1 (Securities Trading) regulated activities license before implementation.
BlockBeats previously reported that on October 21st, Derun Holdings announced that it had signed a placement and subscription agreement, expecting to raise approximately 973 million Hong Kong dollars. This time, 255 million shares will be placed and subscribed, and 63.8 million shares will be issued to Evergreen Wealth Investment Limited at a placement price of HK$3.05 per share, representing a discount of approximately 11.34% from the previous closing price. The funds will be used for: 56% into Bitcoin mining expansion, 24% to develop gold-backed RWA tokenization products, 10% for strategic investments, and 10% for operating funds.
You may also like

Resigned in Less Than a Year of Taking Office, Why Did Yet Another Key Figure at the Ethereum Foundation Depart?

Russian-Ukrainian War Prediction Market Analysis Report

Ethereum Foundation Executive Director Resigns, Coinbase Rating Downgrade: What's the Overseas Crypto Community Talking About Today?

Who's at the CFTC Table? A Rebalancing of American Fintech Discourse
AI Trading vs Human Crypto Traders: $10,000 Live Trading Battle Results in Munich, Germany (WEEX Hackathon 2026)
Discover how AI trading outperformed human traders in WEEX's live Munich showdown. Learn 3 key strategies from the battle and why AI is changing crypto trading.
Elon Musk's X Money vs. Crypto's Synthetic Dollars: Who Wins the Future of Money?
How do Synthetic Dollars work? This guide explains their strategies, benefits over traditional stablecoins like USDT, and risks every crypto trader must know.

The Israeli military is hunting a mole on Polymarket

Q4 $667M Net Loss: Coinbase Earnings Report Foreshadows Challenging 2026 for Crypto Industry?

BlackRock Buying UNI, What's the Catch?

Lost in Hong Kong

Gold Plunges Over 4%, Silver Crashes 11%, Stock Market Plummet Triggers Precious Metals Algorithmic Selling Pressure?

Coinbase and Solana make successive moves, Agent economy to become the next big narrative

Aave DAO Wins, But the Game Is Not Over

Coinbase Earnings Call, Latest Developments in Aave Tokenomics Debate, What's Trending in the Global Crypto Community Today?

ICE, the parent company of the NYSE, Goes All In: Index Futures Contracts and Sentiment Prediction Market Tool

On-Chain Options: The Crossroads of DeFi Miners and Traders

How WEEX and LALIGA Redefine Elite Performance
WEEX x LALIGA partnership: Where trading discipline meets football excellence. Discover how WEEX, official regional partner in Hong Kong & Taiwan, brings crypto and sports fans together through shared values of strategy, control, and long-term performance.

Best Crypto to Buy Now February 10 – XRP, Solana, Dogecoin
Key Takeaways XRP is set to revolutionize cross-border transactions, potentially reaching $5 by the end of Q2 with…
Resigned in Less Than a Year of Taking Office, Why Did Yet Another Key Figure at the Ethereum Foundation Depart?
Russian-Ukrainian War Prediction Market Analysis Report
Ethereum Foundation Executive Director Resigns, Coinbase Rating Downgrade: What's the Overseas Crypto Community Talking About Today?
Who's at the CFTC Table? A Rebalancing of American Fintech Discourse
AI Trading vs Human Crypto Traders: $10,000 Live Trading Battle Results in Munich, Germany (WEEX Hackathon 2026)
Discover how AI trading outperformed human traders in WEEX's live Munich showdown. Learn 3 key strategies from the battle and why AI is changing crypto trading.
Elon Musk's X Money vs. Crypto's Synthetic Dollars: Who Wins the Future of Money?
How do Synthetic Dollars work? This guide explains their strategies, benefits over traditional stablecoins like USDT, and risks every crypto trader must know.