The Zhitong Finance App learned that Freestar Technology (01782) rose more than 7%, reaching a new listing high of HK$2.95, and its stock price soared 52.6% this month. As of press release, it rose 7.33% to HK$2.93, with a turnover of HK$2,961 million.

According to the news, Freestar Technology recently announced that the company plans to further develop its software development services and technical services into a new business market for the Central Bank Digital Currency (CBDC) network system. The Board believes this strategic move will expand the Group's customer base and diversify its revenue sources geographically.

Furthermore, the board of directors recommended changing the company's English name from “Vixtel Technologies Holdings Limited” to “International Business Digital Technology Limited” and changing the company's Chinese double foreign language name from “Freestar Technology Holdings Limited” to “International Business Digital Technology Co., Ltd.”