On December 4, 2024, kiu hung int'l (00381.HK) announced that the company signed a memorandum of understanding with the Pacific Commercial Network Limited to potentially cooperate in Hong Kong to carry out cryptos-related business matters. The company and the Pacific Commercial Network Limited agreed to cooperate in Hong Kong to carry out cryptos-related business matters.
The Pacific Commercial Network Limited is the main operator of Crypto Panda. Crypto Panda's main business is otc trading, providing USDT exchange services. It is dedicated to expanding the use of cryptos in the Hong Kong market and in daily life in Hong Kong. Crypto Panda is committed to providing high-quality, secure, convenient, and fast services to popularize cryptos in the Hong Kong market.
Guided by Mr. Li Lizhong and Academician Duan Yucong, the company is working with the government and various sectors of society to promote the development of blockchain technology in Hong Kong, aiming to establish Hong Kong as a global leader in blockchain technology and a leading global center for asset trading data. The company will be driven by technological innovation, continuously exploring new applications and scenarios of blockchain technology, contributing to the development of the digital economy in Hong Kong and globally.