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Huaxing Capital had already invested in Circle as early as 2018, and the latter soared 168% on its first day of listing, with a market capitalization of 6.9 billion USD.
Golden Finance reported that Hong Kong-listed company Huaxing Capital disclosed that its managed Huaxing New Economy Fund invested in Circle in 2018. The company will continue to be optimistic about the development of Blockchain technology and actively explore layouts in the Web3.0 and Crypto Assets fields. Circle Internet Group was listed on the New York Stock Exchange in the U.S. on Thursday, reaching a high of $103.75, an increase of 2.35 times from the offering price of $31, closing at $83.23, still up 1.68 times. After hours, it rose another 5.38%, reporting $87.71, with a market capitalization of $6.9 billion post-listing.