ZhongAn Smart Life will cooperate with Hong Kong virtual asset trading platforms to explore digital asset business, and its stock price closed up 16.35%.

ZhongAn Smart Life (stock code: 02271.HK), a Hong Kong-listed company, recently announced that it will sign a memorandum of understanding (MOU) with a virtual asset trading platform operator officially licensed by the Securities and Futures Commission of Hong Kong (SFC). The agreement aims to jointly expand digital asset-related businesses. This move marks ZhongAn Smart Life's official entry into the virtual asset sector, aiming to promote digital transformation and further enhance market competitiveness through innovative collaboration.

According to the announcement, the cooperation between the two parties covers multiple aspects: jointly exploring business opportunities in the digital asset sector, establishing a dedicated account for ZhongAn Smart Life to allocate cryptocurrency assets, providing secure and reliable digital asset infrastructure support, and providing professional technical advice and compliance support. This series of collaborative initiatives demonstrates the group's strategic commitment to developing fintech and digital ecosystems, responding to the growing market demand for virtual asset services.

ZhongAn Smart Life stated that this collaboration will not only help the group expand its business boundaries and explore new profit growth areas, but also represents a key strategic step in addressing the challenges of the digital economy and achieving sustainable development. Leveraging the compliance and technological advantages of the licensed platform, the collaboration will provide a solid foundation for the group's future in-depth operations in the digital asset sector.

The market reacted positively to the news. As of the close of trading on the day of the announcement, ZhongAn Smart Life's share price closed at HK$4.84, a single-day increase of 16.35%, reflecting investors' strong recognition and increased confidence in the company's business expansion.

Industry experts believe that this collaboration will not only help ZhongAn Smart Life diversify its business and upgrade its technological capabilities, but also provide an important reference for traditional property and service companies to explore "blockchain+" and digital asset allocation, further demonstrating Hong Kong's advancement and openness in virtual asset regulation and development as an international financial center.