Overview

• The purchase was executed on Sept. 2 and disclosed in a voluntary exchange filing, funded entirely from internal cash.
• Ether will be recorded as an investment on the balance sheet as part of reserve assets, kept below Hong Kong’s 5% notifiable threshold.
• Yunfeng frames ETH as core infrastructure for real‑world‑asset tokenization and is exploring uses within its insurance business.
• The company says it will track market and regulatory conditions and may adjust holdings, as its securities units seek licence upgrades to offer virtual‑asset services in Hong Kong.
• Coverage of the immediate market reaction diverged, with some reports citing a 9.55% gain at Tuesday’s close and others noting a drop of more than 5% on Wednesday morning.