The Zhitong Finance App learned that Liberal Arts Interactive (00434) rose nearly 9% in the afternoon. As of press release, it had risen 8.29% to HK$1.96, with a turnover of HK$5.9634 million.

According to the news, Liberal Arts Interactive announced Yingxi. The profit attributable to the company's owners for the three months ending March is expected to increase 11.2-11.3 times compared to RMB 28.7 million in the same period last year. This is mainly due to the expected increase in earnings of 10%-15%; an increase in the fair value of digital assets; and a slight decline in the fair value of financial assets such as equity investment partnerships. Excluding the impact of non-one-time operating factors such as changes in the fair value of digital assets and financial assets, the profit attributable to owners is expected to increase by 5%-10%.

Furthermore, Liberal Arts Interactive recently announced that in early April 2024, the Group signed an investment agreement with Catcher Data Limited (Catcher Data) to invest in the Web3 asset data platform RootData, and has completed the investment (investment). According to reports, Catcher Data is the owner of “RootData,” and “RootData” is a Web3 asset data platform.