Xuan Wu Cloud restructures board, appoints new chairman
Xuan Wu Cloud completes board restructuring, appointing Lian Jian as Chairman and Executive Director, focusing on core cloud communications and AI integration.
Xuan Wu Cloud sells 20% stake to Hantang Mingyuan for HK$65.1989 million, making Lian Jian the largest shareholder. Company also restructures subsidiary Xuantong.
Hantang Mingyuan to acquire 20% of Xuanwu Cloud for HK$65.2 million, becoming the largest shareholder. Xuanwu Cloud also restructures subsidiary Xuantong Technology.
JPMorgan: Crypto Market Structure Act likely to pass mid-year
JPMorgan predicts the Crypto Market Structure Act will likely pass by mid-2026, potentially transforming the crypto market and attracting institutional investors.