Sinohope Technology Issues Profit Warning
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Sinohope Technology Issues Profit Warning
Formerly known as Huobi Technology, Hong Kong-based fintech company Sinohope Technology Holdings Ltd advises shareholders of an estimated net loss of no less than HK $280 million (about US $36 million). The company has issued a profit warning, and this loss represents a notable 40 percent rise from the HK $200 million recorded in the year before. This move highlights the company’s worsening financial situation in the face of global crypto marke…
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