The launch of "Alpha BTC" fills the market gap for compliant, BTC-denominated enhanced strategies in Hong Kong and marks a key step in the group’s transformation from a comprehensive digital financial services provider to a licensed digital asset private bank.
Author and source: Xinhuo Group
April 23, Hong Kong — Today, Hong Kong-listed company Xinhuo Group (1611.HK, formerly Xinhuo Technology) hosted the Bitfire Day・2026 Hong Kong Digital Wealth Management Summit on the main stage of the Hong Kong Convention and Exhibition Centre. Executive Director and CEO of Xinhuo Group, Weng Xiaoqi, attended and announced the implementation of two core strategies: the strategic acquisition of Avenir’s investment and trading team and its full trading system, alongside the launch of Alpha BTC, Hong Kong’s first Bitcoin-denominated regulated asset management service. This move marks a significant milestone in Xinhuo Group’s asset management strategy, officially establishing it as the exclusive platform capable of delivering the long-term BTC strategy expertise of the Li Lin family office, and initiating a new chapter in its licensed digital asset private banking development.
Weng Xiaoqi disclosed at the meeting that since launching the "Digital Asset Private Banking Service" strategy in August 2025, the group has completed its brand upgrade and business system reconstruction, achieving transformative growth over the past eight months. As of April 2026, the number of clients has increased to 476, a 30-fold growth; global assets under management have risen to HK$2.295 billion, representing a year-over-year increase of 115.29%.
Avenir Group, originating from the Li Lin family office, has evolved into a comprehensive investment group and now ranks among the industry leaders with the largest Bitcoin ETF holdings in Asia as of the end of 2025. Through this strategic integration, Xinhuo Group has fully incorporated Avenir’s core investment and research team, a risk management system proven over long-term live trading, and a mature trading system, enabling coordinated multi-platform operations and stable management of large-scale capital. These strategic capabilities have now been formally integrated into Xinhuo’s compliant framework under the SFC Hong Kong licenses No. 1, 4, and 9, laying a solid foundation for the deployment of private banking-grade products.
The highly anticipated "Alpha BTC," developed by Avenir Group after nearly two years of live trading validation and deeply empowered by Xinhuo Group, is the group’s first flagship asset management service launched under its private banking strategy. This service is designed for professional investors with experience in digital asset investment and the corresponding risk tolerance, particularly those holding significant positions in BTC and Bitcoin ETFs. It will be operated through Xinhuo Group’s subsidiary licensed by the SFC in Hong Kong under License Type No. 9. "Alpha BTC" utilizes spot Bitcoin and IBIT as underlying assets, with a capacity in the billions of US dollars. It enables clients to maintain 100% self-control over their assets while keeping all holdings entirely within their own accounts, without altering the underlying positions or transferring ownership. Xinhuo gains transaction authorization solely via API and employs proven options strategies and stringent risk controls to deliver efficient, bitcoin-denominated appreciation for clients—balancing compliance, security, and returns.
Weng Xiaoqi, Executive Director and CEO of Xinhuo Group, stated that the launch of "Alpha BTC" fills the market gap for compliant, BTC-denominated enhanced strategies in Hong Kong and represents a crucial step in the group’s transformation from a comprehensive digital financial services provider to a licensed digital asset private bank. Leveraging the strategic integration of a top-tier asset management team and a professional trading system, Xinhuo Group will build a compliant asset management framework capable of supporting assets in the tens of billions of dollars, continuing to lead the high-quality development of the digital asset asset management market in Hong Kong and across Asia.