According to ChainCatcher, as announced by the Hong Kong Stock Exchange, the Hong Kong-listed company Ourgame International saw its stock price surge over 47% in early trading before a brief suspension, and trading has now resumed.
It is reported that the company previously disclosed that its Nasdaq-listed affiliate, Allied Gaming & Entertainment (AGAE), has invested in bitcoin and increased its holdings of ethereum. Furthermore, it has officially included cryptocurrencies in its balance sheet and plans to expand blockchain payment methods and develop its own RAW tokenization model.