logo

HKEX Halts Trading as Cryptocurrency-Related Stock Primas Falls 70%

By: theblockbeats.news|2025/11/17 21:45:54
0
Share
copy

BlockBeats News, November 17th. According to Caixin, on November 17, 2025, Cryptocurrency concept stock Diginex (00399.HK) announced before the market opened that it was ordered by the Hong Kong Stock Exchange to suspend trading on November 26. The reason is that the Stock Exchange questioned the company's failure to meet the continued listing qualifications. The stock plummeted 73% on November 17th, closing at HK$0.064 per share, a 91% drop from its peak at the end of July.

The Hong Kong Stock Exchange pointed out that, according to Rule 13.24 of the Listing Rules, Diginex failed to maintain a sufficient level of operations and did not have sufficient asset value to support its operations, which allowed its shares to continue to be listed. Therefore, it was required to suspend trading from November 26th. Diginex responded in the announcement that it has decided to apply for a review to the Stock Exchange Listing Committee.

-- Price

--

You may also like

Electric Capital: Tracking 501 types of yield-generating RWA assets, we discovered these patterns

From private credit to GPU leasing, from catastrophe bonds to music royalties, the range of tokenizable assets is much richer than the market perceives. However, the biggest challenge is not technology, but distribution—existing RWAs heavily rely on a few large deployers, and the concentration of ri...

Those who are cut off by AI will not disappear; they will become the creators of the next round of the economy

AI is not eliminating people, but rather the superstition of "stable careers": those who break the shackles of organizations and understand how to rewrite themselves are ushering in the ultimate revenge.

Stablecoins reshaping cross-border payments in Asia? Strategic panorama and investment opportunity analysis

With the popularity of local payment channels, the costs of traditional transfers have been significantly reduced, and the fees are now mainly concentrated in the domestic settlement phase, which is precisely what stablecoins cannot bypass.

Zuckerberg is building an AI agent to help him as CEO

Zuckerberg is reported to be personally developing a "CEO proxy" to accelerate information acquisition and reduce management layers.

Bloomberg: Swiss Private Bank Old Guard Rifts, Is Bitcoin the Spark?

For Marc Syz, this is both a bet on the digital asset track and a complete break from Switzerland's long-established private banking dynasty.

Zuckerberg is building an AI assistant to help him be CEO

Mark Zuckerberg has been reportedly personally developing a "CEO Proxy" to speed up information flow and reduce management layers.

Popular coins

Latest Crypto News

03:42

Data: ETH total network contract open interest increased by 5.27% in 24 hours

According to Coinglass data, the total contract open interest for ETH has increased by 5.27% in the past 24 hours, with a current total open interest of 29.222 billion USD. Among them, Binance's open interest is 6.34 billion USD, OKX's open interest is 1.835 billion USD, Bybit's open interest is 2.0...
03:42

Data: If BTC falls below $67,407, the cumulative long liquidation intensity on major CEXs will reach $1.844 billion

According to Coinglass data, if BTC falls below $67,407, the cumulative long liquidation intensity on mainstream CEX will reach $1.844 billion. Conversely, if BTC breaks above $74,414, the cumulative short liquidation intensity on mainstream CEX will reach $903 million.
03:42

Data: If ETH breaks through 2,254 USD, the cumulative short liquidation intensity on mainstream CEX will reach 846 million USD

According to Coinglass data, if ETH breaks through $2,254, the cumulative short liquidation intensity on mainstream CEX will reach $846 million. Conversely, if ETH falls below $2,040, the cumulative long liquidation intensity on mainstream CEX will reach $731 million.
03:42

Data: 41.53 BTC transferred from an anonymous address to Cumberland DRW, worth approximately 2.27 million USD

According to Arkham data, at 02:25, 41.53 BTC (worth approximately 2.27 million USD) was transferred from an anonymous address (starting with 168Bveij...) to Cumberland DRW.
03:42

Data: 200 BTC transferred from an anonymous address, worth approximately 14.19 million USD

According to Arkham data, at 02:30, 200 BTC (worth approximately 14.19 million USD) were transferred from an anonymous address (starting with 37HRJ...) to multiple anonymous addresses.
Read more
Community
iconiconiconiconiconiconicon

Customer Support Bot：@WEEX_support_smart_Bot

VIP Services：support@weex.com