Kaisa Capital to Enter Real-World Asset Tokenization With SFC-Licensed Partner; Shares Surge 228%

MT Newswires Live

09/18

Kaisa Capital Investment (HKG:0936) has initiated a "strategic transformation" to explore digital financial innovation, starting in Hong Kong, according to a Wednesday Hong Kong bourse filing.

Shares of the construction equipment trading company surged nearly 228% in Thursday mid-day trade.

The company entered into a collaboration with a virtual asset trading platform licensed by the Securities and Futures Commission to jointly advance real-world asset (RWA) tokenization within Hong Kong's regulatory framework, the filing said.

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