SINOHOPE Subsidiary Employs Arbitrage Strategy
Company Announcements

SINOHOPE Subsidiary Employs Arbitrage Strategy

New Huo Technology Holdings Limited (HK:1611) has released an update.

SINOHOPE TECHNOLOGY HOLDINGS LIMITED has announced a significant investment move, with its subsidiary HotGroup depositing 8 million USDT into an account managed by Top Value for spots and futures arbitrage trading. The one-year agreement, which began on October 3, 2024, follows a previous deposit of 2 million USDT, bringing the total managed funds to 10 million USDT. This strategic financial decision is aimed at leveraging Top Value’s trading expertise and software for potentially profitable digital asset arbitrage opportunities.

For further insights into HK:1611 stock, check out TipRanks’ Stock Analysis page.

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