EMINENCE ENT (00616) Shareholder Deposits Stock with Futu Securities International (Hong Kong), Deposited Value Reaches HK$56.875 Million

Stock News

Jan 09

Latest data from the Hong Kong Stock Exchange reveals that on January 8, a shareholder of EMINENCE ENT (00616) deposited shares with Futu Securities International (Hong Kong), with a deposited market value of HK$56.875 million, accounting for 9.28% of the holdings. EMINENCE ENT announced that on December 24, 2025, the group entered into a non-legally binding memorandum of understanding concerning the subscription of shares in a joint venture company. According to the memorandum, the company, along with other potential subscribers, intends to subscribe for shares in the joint venture, which is expected to primarily engage in the development and/or investment of stablecoins and/or other blockchain-related businesses within the Association of Southeast Asian Nations (ASEAN). The anticipated number of subscribers for the joint venture is between five and ten, with the total expected funds to be raised amounting to approximately US$4.5 million.

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