YUNFENG FIN (00376) surged over 5%, rising 4.72% to HK$3.33 with trading volume reaching HK$34.39 million at the time of reporting.
On the news front, YUNFENG FIN announced on August 29th its partnership with the Macau International Carbon Emission Trading Exchange (Macau Carbon Exchange) to complete the full on-chain integration of carbon credit asset trading data, officially launching the first "Carbon Trading Blockchain" initiative focused on high-quality carbon credits. This move represents a significant strategic deployment by YUNFENG FIN and the Macau Carbon Exchange in the Web3 sector, aimed at building next-generation infrastructure for the global green asset market and establishing a trustworthy and efficient new carbon market ecosystem.
The initiative is part of a new Web3 carbon infrastructure being developed by the Macau Carbon Exchange, which is jointly invested in by YUNFENG FIN and Yunfeng Fund. This platform will serve as an innovative attempt and effective supplement to traditional carbon trading markets and green electricity certificate markets, with technical implementation provided by YUNFENG FIN's blockchain team.
The plan demonstrates YUNFENG FIN's important transformation toward the Web3 sector and Yunfeng Fund's commitment to practicing responsible investment and creating long-term value through ESG initiatives.
The Macau Carbon Exchange has achieved cumulative trading of over 1 million tons of carbon credits and 200,000 green certificates, with trading clients including leading enterprises such as Brazilian forestry groups, Cathay Haitong Securities, Mitsubishi Electric, and China Building Materials Green Energy.