[Xinhuo Group's OTC Trading Volume Surges 8x in the Past Week, AUM Hits Record Highs] June 8 news: According to the latest data from Hong Kong-listed company Xinhuo Group, the group's various business segments performed strongly last week. OTC weekly trading volume reached a record high, increasing more than 8 times compared to previous levels. Meanwhile, the group's overall assets under management (AUM) continued to grow, setting new historical highs. Against the backdrop of the recent weak and volatile crypto market, key business metrics have shown countertrend strength. Analysts pointed out that since June 1, Bitcoin has retreated from its high levels and at one point fell below the $60,000 mark. The extreme market movements triggered a stampede of funds and aggressive deleveraging, with the fear index dropping to single digits at one point. However, the extreme market conditions activated strong institutional buying. On-chain and mainstream platform trading data show frequent large-scale "bottom-fishing" cases recently. Some institutional funds, characterized by listed company attributes and ancient whale tags, have chosen to intensively buy the dip and actively enter the market around the critical $60,000 price range. In addition to the external market window, Xinhuo Group recently conducted a comprehensive upgrade of its OTC trading system. Furthermore, Xinhuo Group operates the first compliant Bitcoin-denominated asset management service under Hong Kong's Type 9 license. This service recorded double-digit Bitcoin-denominated annualized yield growth during the period of market volatility.