CHINA PPT INV acquires HK$2.00 million in Binance Coin to expand digital asset reserves

Bulletin Express
Mar 24

China Properties Investment Holdings Limited (CHINA PPT INV) disclosed a voluntary purchase of 402.91 units of Binance Coin (BNB) on the open market for a total consideration of approximately HK$2.00 million, excluding transaction costs.

The transaction was executed on the Hash Blockchain Limited trading platform and was fully financed by the Group’s internal resources. All counterparties were independent third parties, and no single applicable percentage ratio under Rule 14.07 of the Hong Kong Listing Rules reached the 5% threshold; therefore, the acquisition does not constitute a notifiable transaction.

Management highlighted two strategic drivers: 1. Asset Diversification: Adding BNB aligns with the Group’s plan, announced on 16 December 2025, to broaden its strategic reserve portfolio through digital assets. 2. Policy Alignment: Hong Kong’s “Policy Statement 2.0 on the Development of Digital Assets,” released on 26 June 2025, positions the city as a global digital-asset hub. The acquisition supports the Group’s forward-looking presence in blockchain technology and the digital economy.

The Board will assess further digital-asset purchases based on market conditions and operating performance. Shareholders and potential investors are advised to exercise caution when trading the Company’s shares.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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