Fintech Cloud Raises Over 12% After Earnings, Expected to Increase Shareholder Equity by Approximately 139%

Fintech Cloud (00376) surged over 12% after reporting profits, with its current share price at HKD 3.22 and trading volume of HKD 41,595,554.

On August 18th, Fintech Cloud released an announcement stating that the preliminary estimate for its net profit attributable to shareholders in the first half of 2025 is approximately HKD 480 million, representing a significant increase of around 139%. The announcement attributed the increase mainly to the notable growth in operational profits from group insurance business, as well as positive changes in investment fair value and exchange rates.

Earlier, the company announced that it would strategically deploy Web 3, real-world assets (RWA), digital currencies, ESG zero-carbon assets, and artificial intelligence in various fields, including exploring applications for these frontier areas with group insurance companies. At the same time, it will explore the ESG zero-carbon asset field in the Greater Bay Area and further increase its investment in stablecoins and other digital currencies.