Latest news with #WangXi
Arabian Post
30-06-2025
- Business
- Arabian Post
Easou Tech Stakes Big on Tokenisation and Data Centre Expansion
Easou Technology Holdings Ltd surged as much as 69 per cent to HK$7 before settling at HK$5.88, responding to a strategic 10‑year agreement with a Hong Kong tech firm to co‑develop real‑world‑asset tokenisation and digital asset products. The agreement, coupled with a letter of intent to invest up to HK$3 billion in data centre acquisitions, signals a significant pivot for the Shenzhen‑headquartered digital technology group. The 10‑year development pact positions Easou at the forefront of a booming tokenisation trend. With the global RWA tokenisation market now valued at US$24 billion — private credit representing over half that sum — the timing gives Easou a chance to capitalise on institutional and retail appetite for immutable, on‑chain asset exposure. Under the agreement, Easou's partner in Hong Kong will provide technological infrastructure and regulatory insight. Together they will craft tokenised products spanning private credit, real estate and commodities, tapping into growing investor demand for fractionalised, programmable yield instruments. Analysts expect such collaboration to drive Easou's AI‑powered content, recommendation engine, and blockchain capabilities to new heights. ADVERTISEMENT Market watchers also note that Ethereum remains dominant in tokenisation — hosting about US$7.5 billion of RWA tokens — but newer blockchains such as Solana, Aptos and Avalanche are gaining ground in niche sectors. Easou's decade‑long commitment may allow it to adapt across multiple ledger protocols and regulatory frameworks. The announcement arrived amid a flurry of capital‑raising activity for Easou: on 20 June it placed 57.33 million shares at HK$3.20 each for gross proceeds of around HK$183.5 million, primarily earmarked for deepening its AI‑driven content ecosystem — including short drama, online gaming, content ad tech, and overseas expansion. Chairman Wang Xi also agreed to a 75‑day lock‑up on his shareholding, a gesture insurers interpret as a show of confidence. Wang Xi described the tokenisation initiative as 'a pivotal step' in building an AI‑and‑content synergy, while the capital placement strengthens Easou's balance sheet, allowing it to invest across new domains without diluting core content investments. Turning attention to its second headline move, Easou signed a letter of intent to deploy up to HK$3 billion towards acquiring data centres in key Asian markets, including Hong Kong, Japan or Southeast Asia. Industry sources suggest the facilities will support the computing demands of tokenisation platforms and AI workloads — marrying robust infrastructure with financial innovation. Easou's stock performance reflects the market's enthusiasm. The share price rose over 8 per cent earlier in the week to HK$3.51 following the share placement announcement. The near‑tripling to HK$7 on tokenisation news demonstrates confidence in the long‑term vision and revenue potential of its dual strategy. Still, investors caution about execution risks. Developing tokenised products requires navigating evolving global regulations, particularly in Asia. Hong Kong's Securities and Futures Commission has signalled willingness to regulate stablecoins, custodians and tokenised offerings as part of its digital‑asset hub initiative, which includes new licensing regimes and frameworks for RWAs. Easou and its partner will need consistent compliance and adaptive governance structures over the decade‑long horizon. Capital deployment into data infrastructure is capital intensive and faces competitive pressures from established cloud providers. Achieving scale and operational efficiency will be crucial if Easou's data‑centre investments are to complement its tokenisation ambitions rather than become a costly diversion. Easou's strategy illustrates several emerging trends: the convergence of AI‑content and blockchain infrastructure; the pivot to tokenised finance underpinned by robust tech stacks; and Asia‑based companies aligning with local regulatory expansions. By investing in both digital asset innovation and foundational infrastructure, Easou aims to move beyond its role as an AI recommendation engine provider into a multi‑vector technology aggregator.
The Sun
20-06-2025
- Business
- The Sun
Easou Technology Holdings Limited Enters into Agreement to Raise Over HKD 180 Million Through Share Placement
HONG KONG SAR - Media OutReach Newswire - 20 June 2025 - Easou Technology Holdings Limited （'Easou' or the 'Company,' together with its subsidiaries, collectively referred to as the 'Group'; HKEX stock code: 2550）a leading AI-powered search and recommendation technology company, is pleased to announce that it has entered into a placing agreement with Growth Value LTD to raise approximately HKD 183.5 million through the placement of 57,330,000 new shares (the 'Placing Shares') at a placing price of HKD 3.2 per share (the 'Placing'). The Company presently intends to use the net proceeds from the Placing to fund: the research and development of its AI recommendation engine and artificial intelligence-generated content (AIGC), enabling new application scenarios across various entertainment verticals. Proceeds will support the expansion of its online gaming and short drama content in overseas markets, as well as the ongoing upgrades and development of its intelligent advertising platforms. This transaction will strengthen Easou's capital base and enhance its financial position and net assets base for long-term development and growth. The funds raised will enhance the Group's research and development capabilities, reinforce its technological edge, support its positioning as a third-party online reading platform, and accelerate the expansion of its digital marketing services and international business. In a demonstration of confidence in the Company's future, Mr. Wang Xi, Executive Director, Chairman, and CEO of Easou, has voluntarily committed not to sell any of his shares for 75 days from the date of the agreement. Mr. Wang Xi commented: 'This fundraising marks a pivotal step in the Group's strategy to build its AI+ content ecosystem. By prioritizing investment in the research and development of AI recommendation engines and AIGC technologies, we are empowering the growth of our digital marketing services while accelerating the rollout of high-potential content formats such as short dramas and online games. At the same time, our overseas expansion strategy is aimed at capturing the vast opportunities presented by the global AI market. This transaction will significantly enhance Easou's capital base and investor foundation, further strengthening our leadership in the rapidly evolving AI era.'
Zawya
20-06-2025
- Business
- Zawya
Easou Technology Holdings Limited Enters into Agreement to Raise Over HKD 180 Million Through Share Placement
HONG KONG SAR - Media OutReach Newswire - 20 June 2025 - Easou Technology Holdings Limited （"Easou" or the "Company," together with its subsidiaries, collectively referred to as the "Group"; HKEX stock code: 2550）a leading AI-powered search and recommendation technology company, is pleased to announce that it has entered into a placing agreement with Growth Value LTD to raise approximately HKD 183.5 million through the placement of 57,330,000 new shares (the "Placing Shares") at a placing price of HKD 3.2 per share (the "Placing"). The Company presently intends to use the net proceeds from the Placing to fund: the research and development of its AI recommendation engine and artificial intelligence-generated content (AIGC), enabling new application scenarios across various entertainment verticals. Proceeds will support the expansion of its online gaming and short drama content in overseas markets, as well as the ongoing upgrades and development of its intelligent advertising platforms. This transaction will strengthen Easou's capital base and enhance its financial position and net assets base for long-term development and growth. The funds raised will enhance the Group's research and development capabilities, reinforce its technological edge, support its positioning as a third-party online reading platform, and accelerate the expansion of its digital marketing services and international business. In a demonstration of confidence in the Company's future, Mr. Wang Xi, Executive Director, Chairman, and CEO of Easou, has voluntarily committed not to sell any of his shares for 75 days from the date of the agreement. Mr. Wang Xi commented: "This fundraising marks a pivotal step in the Group's strategy to build its AI+ content ecosystem. By prioritizing investment in the research and development of AI recommendation engines and AIGC technologies, we are empowering the growth of our digital marketing services while accelerating the rollout of high-potential content formats such as short dramas and online games. At the same time, our overseas expansion strategy is aimed at capturing the vast opportunities presented by the global AI market. This transaction will significantly enhance Easou's capital base and investor foundation, further strengthening our leadership in the rapidly evolving AI era." Hashtag: #Easou #AI #AIGC The issuer is solely responsible for the content of this announcement. About Easou Technology Holdings Limited Easou Technology Holdings Limited (HKEX: 2550) is a China-based digital technology company specializing in AI-powered content distribution and recommendation. Founded in 2005 and headquartered in Shenzhen, it is recognized as a National High-Tech Enterprise and an Innovative SME. Easou's core businesses span digital marketing, online reading, game publishing, and other digital content services. Its proprietary AI recommendation engine underpins personalized content delivery and ad targeting across these verticals, making it one of China's earliest commercial adopters of AI recommendation technologies. Easou Technology Holdings Limited
Malay Mail
20-06-2025
- Business
- Malay Mail
Easou Technology Holdings Limited Enters into Agreement to Raise Over HKD 180 Million Through Share Placement
HONG KONG SAR - Media OutReach Newswire - 20 June 2025 -（"Easou" or the "Company," together with its subsidiaries, collectively referred to as the "Group"; HKEX stock code: 2550）a leading AI-powered search and recommendation technology company, is pleased to announce that it has entered into a placing agreement with Growth Value LTD to raise approximately HKD 183.5 million through the placement of 57,330,000 new shares (the "Placing Shares") at a placing price of HKD 3.2 per share (the "Placing").The Company presently intends to use the net proceeds from the Placing to fund: the research and development of its AI recommendation engine and artificial intelligence-generated content (AIGC), enabling new application scenarios across various entertainment verticals. Proceeds will support the expansion of its online gaming and short drama content in overseas markets, as well as the ongoing upgrades and development of its intelligent advertising transaction will strengthen Easou's capital base and enhance its financial position and net assets base for long-term development and growth. The funds raised will enhance the Group's research and development capabilities, reinforce its technological edge, support its positioning as a third-party online reading platform, and accelerate the expansion of its digital marketing services and international business. In a demonstration of confidence in the Company's future, Mr. Wang Xi, Executive Director, Chairman, and CEO of Easou, has voluntarily committed not to sell any of his shares for 75 days from the date of the Wang Xi commented: "This fundraising marks a pivotal step in the Group's strategy to build its AI+ content ecosystem. By prioritizing investment in the research and development of AI recommendation engines and AIGC technologies, we are empowering the growth of our digital marketing services while accelerating the rollout of high-potential content formats such as short dramas and online games. At the same time, our overseas expansion strategy is aimed at capturing the vast opportunities presented by the global AI market. This transaction will significantly enhance Easou's capital base and investor foundation, further strengthening our leadership in the rapidly evolving AI era."Hashtag: #Easou #AI #AIGC The issuer is solely responsible for the content of this announcement. About Easou Technology Holdings Limited Easou Technology Holdings Limited (HKEX: 2550) is a China-based digital technology company specializing in AI-powered content distribution and recommendation. Founded in 2005 and headquartered in Shenzhen, it is recognized as a National High-Tech Enterprise and an Innovative SME. Easou's core businesses span digital marketing, online reading, game publishing, and other digital content services. Its proprietary AI recommendation engine underpins personalized content delivery and ad targeting across these verticals, making it one of China's earliest commercial adopters of AI recommendation technologies.
