Hong Kong-listed company Jingwei Tiandi announced its entry into the field of encrypted payments, and its share price rose by more than 18% on Tuesday

Odaily News On July 21, Hong Kong-listed company Jingwei Tiandi (02477.HK) issued an announcement, announcing its entry into the field of encrypted payments. The news stimulated the companys stock price to surge by more than 18% on Tuesday (July 22). It is worth noting that in the first half of this year, Qian Fenglei, an investor known as Qian Duoduo, took over the company, and Jingwei Tiandis stock price also soared.
According to the announcement released by Jingwei Tiandi, the company released the first mobile application Fopay of the companys financial technology business segment on July 21, 2025. According to reports, Fopay is developed based on the concept of stablecoin crypto payment and provides a one-stop payment platform. Currently, Fopay provides stablecoin custody and prepaid card payment functions through several licensed partners. (Securities Times)