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Xinhuo Group 2026 Interim Report: Loss widened to HK$245 million, crypto asset trading business revenue decreased 43.4% year-on-year

MarsBitNews
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Mars Finance News, Xinhuo Group releases its interim performance report for the six months ending March 31, 2026. The Group recorded a loss of approximately HKD 244.9 million (unaudited) during the period, a significant increase of approximately 1890% compared to the loss of HKD 12.3 million in the same period of 2025. Among them, the crypto asset trading business recorded revenue of HKD 1,944.7 million, a year-on-year decrease of approximately 43.4%. By business segment, in the asset management business, as of the end of the reporting period, the assets under management (AUM) reached approximately USD 145.6 million; the number of Xinhuo quantitative trading clients increased by approximately 12.9% compared to the same period last year. In the trust and custody business, the number of successfully opened private banking-level accounts during the reporting period increased from 37 to 305; the number of accounts with intention to open increased from 106 to 668. In the crypto asset over-the-counter (OTC) trading business, the number of OTC trading clients increased from 8 to 31, with a monthly compound growth rate of 31.1%. In addition, the cumulative registered users of BitTrade, the Group's Japan-based compliant exchange, reached 288,214.
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