Odaily Planet Daily reports: Yunfeng Financial, in which Jack Ma holds an indirect stake, has been announced as eligible for inclusion in the Southbound Trading Scheme under the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect, effective September 7, 2026. Following inclusion, qualified mainland investors will be able to buy and sell the Group’s shares listed on the Hong Kong Stock Exchange through domestic securities firms via the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connects, providing a more convenient channel for mainland investors to invest in the Group’s shares.
Yunfeng Financial has disclosed that it has accumulated a total of 10,000 ETH on the open market, with an overall investment cost (including fees and expenses) of $44 million, funded from the group’s internal cash reserves. The purchased ETH are classified as investment assets on the group’s financial statements. Additionally, Yunfeng Financial stated that, in addition to Ethereum, it plans to explore incorporating other mainstream digital assets, such as Bitcoin (BTC) and Solana (SOL), into its strategic reserve assets.