Hong Kong listed company Jingwei TianDi announced its entry into the encryption payment field, with its stock price rising over 18% on Tuesday.

Odaily News July 21, the Hong Kong-listed company Jingwei TianDi (02477.HK) announced its entry into the encryption payment sector, and this news stimulated the company's stock price to rise over 18% on Tuesday (July 22). It is worth following that in the first half of this year, the investor Qian Fenglei, known as "Qian Duo Duo," took control of the company, and Jingwei TianDi's stock price also experienced a big pump as a result. According to the announcement released by Jingwei Tiandi, the company will launch its first mobile application "Fopay" for the financial technology business sector on July 21, 2025. It is reported that Fopay is developed based on the stablecoin encryption payment concept, providing a one-stop payment platform. Currently, Fopay offers stablecoin custody and prepaid card payment functions through several licensed partners. (Securities Times)