https://www.scmp.com/rss/524751/feed The latest news and top stories on Yunfeng Financial Group. A Hong Kong-based entity in the financial technology sector, Yunfeng Financial Group specialises in securities brokerage asset management insurance and wealth management. It primarily serves individual institutional and corporate clients and is known for being a pioneer in Hong Kong’s FinTech sector. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Eunice Xu Eunice Xu Victory Giant, a Chinese manufacturer of printed circuit boards (PCBs) for artificial intelligence and high-performance computing, rose by 57.23 per cent in its trading debut in Hong Kong on Tuesday, as investors rushed to tap into surging global demand for the hardware powering the AI infrastructure boom. Shares in the Guangdong-based company, a supplier to US chip leader Nvidia, opened at HK$330, versus the offer price of HK$209.88 – the maximum offer price. The firm raised HK$20 billion... https://www.scmp.com/business/banking-finance/article/3350801/chinese-circuit-board-supplier-victory-giant-jumps-hong-kong-share-debut?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3350801/chinese-circuit-board-supplier-victory-giant-jumps-hong-kong-share-debut?utm_source=rss_feed Tue, 21 Apr 2026 01:43:39 +0000 Ann Cao,Themis Qi Ann Cao,Themis Qi Printed circuit boards (PCBs) – unsung core components in all electronic devices – are emerging as the latest source of excitement in China’s chip supply chain, as domestic companies capitalise on surging global demand for artificial intelligence infrastructure to pursue share listings. Victory Giant Technology, a PCB supplier to US chip champion Nvidia, kicked off bookbuilding in Hong Kong on Monday for an initial public offering (IPO) that aims to raise up to HK$17.49 billion (US$2.2... https://www.scmp.com/tech/tech-trends/article/3349924/victory-giant-joins-ipo-push-chinas-circuit-board-makers-amid-ai-frenzy?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3349924/victory-giant-joins-ipo-push-chinas-circuit-board-makers-amid-ai-frenzy?utm_source=rss_feed Mon, 13 Apr 2026 12:00:08 +0000 Coco Feng Coco Feng YF Capital, a private equity firm backed by Chinese billionaire Jack Ma Yun, has taken a minority stake in Shanghai-based memory chip developer InnoStar Semiconductor, according to corporate records. Hainan Yunfeng Fund Centre, an affiliate of YF Capital, became the chipmaker’s 14th-largest shareholder after acquiring a 2.1 per cent stake, based on a change record dated December 17 on business information platform Aiqicha. The investment came after Ant Group backed InnoStar in August. Both YF... https://www.scmp.com/tech/article/3337497/jack-ma-backed-yf-capital-takes-stake-shanghai-memory-chipmaker-innostar?utm_source=rss_feed https://www.scmp.com/tech/article/3337497/jack-ma-backed-yf-capital-takes-stake-shanghai-memory-chipmaker-innostar?utm_source=rss_feed Tue, 23 Dec 2025 13:00:09 +0000 Brian Rhoads,Neil Denslow Brian Rhoads,Neil Denslow Hong Kong crypto stocks have slumped this week, hit by a renewed crackdown by China’s central bank on cryptocurrency trading and a broader global slump in digital assets. Yunfeng Financial Group tumbled 14 per cent in two days and Bright Smart Securities fell 5.7 per cent. Digital-asset platform operator OSL Group dropped as much as 9 per cent before rebounding. Jack Ma, founder of South China Morning Post owner Alibaba, is a backer of Yunfeng. Ant Group, an affiliate of Alibaba, is buying... https://www.scmp.com/plus/article/3334891/chinas-crypto-aversion-dampens-hong-kong-stablecoin-push?utm_source=rss_feed https://www.scmp.com/plus/article/3334891/chinas-crypto-aversion-dampens-hong-kong-stablecoin-push?utm_source=rss_feed Tue, 02 Dec 2025 09:04:06 +0000 Xinmei Shen Xinmei Shen A growing number of Hong Kong-listed firms are snapping up cryptocurrency on the back of rising bitcoin prices and the popularity of digital asset treasury (DAT) companies in the US. Investment bank China Renaissance, which helped fund many leading Chinese tech firms, and Yunfeng Financial Group, backed by Alibaba Group Holding founder Jack Ma, are among the Hong Kong-listed financial institutions that have recently bought a large amount of crypto tokens, according to their respective filings.... https://www.scmp.com/tech/blockchain/article/3324365/hong-kong-listed-firms-sharpen-digital-asset-investment-strategy-amid-rising-crypto-prices?utm_source=rss_feed https://www.scmp.com/tech/blockchain/article/3324365/hong-kong-listed-firms-sharpen-digital-asset-investment-strategy-amid-rising-crypto-prices?utm_source=rss_feed Thu, 04 Sep 2025 12:30:11 +0000