Hong Kong listed company Jingwei Tiandi announced its entry into the field of encrypted payments, and its stock price surged by over 18% on Tuesday

Odaily Planet Daily News: On July 21st, Hong Kong listed company Jingwei Tiandi (02477. HK) announced its entry into the field of encrypted payments, which stimulated the company's stock price to soar by over 18% on Tuesday (July 22nd). It is worth noting that in the first half of this year, investor Qian Fenglei, known as "Qian Duoduo", took over the company, causing a sharp rise in the stock price of Jingwei Tiandi. According to the announcement released by Jingwei Tiandi, the company will release the first mobile application "Fopay" for its fintech business segment on July 21, 2025. It is reported that Fopay is developed based on the concept of stablecoin encrypted payment and provides a one-stop payment platform. At present, Fopay provides stablecoin custody and prepaid card payment functions through several licensed partners. (Securities Times)