China Properties Investment Holdings Signs Non-Binding Term Sheet for Digital Asset Cooperation

Reuters
Dec 01, 2025
China Properties Investment Holdings Signs Non-Binding Term Sheet for <a href="https://laohu8.com/S/DAAQU">Digital Asset</a> Cooperation

China Properties Investment Holdings Ltd. has announced that it has entered into a non-legally binding term sheet with Kimber Labs. Kimber Labs is the developer of a public, EVM-compatible blockchain protocol behind the native token "$PLUME," which focuses on supporting the tokenization and use of real-world assets (RWAs). The potential cooperation aims to explore business opportunities in the blockchain and Web3 industry. However, the company clarified that negotiations are still ongoing, and the term sheet does not create any legal obligations at this stage. Further announcements will be made if a definitive agreement is reached. Shareholders and investors are advised to exercise caution when dealing in the company's shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Properties Investment Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251201-11937569), on December 01, 2025, and is solely responsible for the information contained therein.

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