Prosperity Investment Holdings Limited Announces Reallocation of Proceeds to Investments in Hong Kong and US Listed Securities, Plans Full Utilisation by End of 2026

Reuters
Feb 10
Prosperity Investment Holdings Limited Announces Reallocation of Proceeds to Investments in Hong Kong and US Listed Securities, Plans Full Utilisation by End of 2026

Prosperity Investment Holdings Limited has announced a change in the use of proceeds from its previous placing of new shares under a specific mandate. The company will reallocate funds originally intended for investment in cryptocurrencies and virtual assets towards investment in Hong Kong and United States listed securities. This adjustment aims to mitigate risks and enhance portfolio stability, given the volatility and regulatory uncertainty in cryptocurrency markets compared to the more established regulatory environments of developed equity markets. The remaining net proceeds are expected to be fully utilised on or before 31 December 2026, primarily for general working capital and the revised investment plan. The Board will continue to assess market conditions and may further revise plans as necessary.

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. Prosperity Investment Holdings Limited 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-20260210-12021160), on February 10, 2026, and is solely responsible for the information contained therein.

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