Qian Xun Technology Signs Preliminary Agreement to Acquire Web3 Fintech; Shares Up 5%

MT Newswires Live

2025/09/17

Qian Xun Technology (HKG:1640) entered into a preliminary agreement to acquire Punkcode Technology, according to a Hong Kong bourse filing Tuesday.

Shares of the advertising firm gained over 5% in late morning trade Wednesday.

The company said it planned to fully acquire the web3 financial technology company for no more than HK$25 million, subject to definitive agreements.

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