Hong Kong Stocks Reverse Gains; China Hanking Rises 12% on Termination of Unit Spin-off

MT Newswires16:50

Tianji Holdings (01520): The final deadline for the acquisition of 10% equity interest in Xinqiao Capital Group has expired, and the transaction has lapsed.

Tianji Holdings (01520) announced that in relation to the acquisition of a 10% stake in Xinqiao Capital Group Limited, the board hereby declares that the preconditions for the acquisition were not fulfilled by January 13, 2026 (being the last day within six months from the signing of the agreement) (the Longstop Date), and no agreement was reached between the company and the seller to further extend the Longstop Date. As a result, the agreement has lapsed. The board believes that the lapse of the agreement will not have a material adverse impact on the group's business, operations, or financial condition.

Zhitong Finance12:36

Virtual Mind Drops N-Bridge Capital Stake Purchase; Exploring Investment in Harves Entertainment

MT Newswires12:29

Tianji Holdings (01520) plans to invest in Huarui Entertainment through a capital increase, further expanding its sports intelligence and new consumption business.

Tianji Holdings (01520) announced that on January 14, 2026, the company signed a memorandum of cooperation with Huarui Entertainment Co., Ltd. According to the memorandum, the company plans to invest in Huarui Entertainment through a capital increase, aiming to hold 10% of Huarui Entertainment's shares. The specific shareholding percentage will be determined based on the final investment amount and the valuation of Huarui Entertainment confirmed by both parties. The company has the right to conduct due diligence on Huarui Entertainment in areas such as legal, financial, business, and tax matters, and will decide the specific terms of the investment based on the results of the due diligence.

Zhitong Finance12:09

Tianji Holdings (01520.HK) plans to invest in Huarui Entertainment through a capital increase. The latter holds IP-related licensing for Manchester United.

Gelonghui, January 15th ┃ Tianji Holdings (01520.HK) announced that on January 14, 2026, the company signed a Memorandum of Cooperation with Huarui Entertainment. According to the Memorandum of Cooperation, the company plans to invest in Huarui Entertainment through a capital increase, with the goal of holding 10% of Huarui Entertainment's shares. The final percentage of shares held will be determined by the investment amount and the valuation of Huarui Entertainment as confirmed by both parties. It is reported that Huarui Entertainment is a limited company registered in Hong Kong and wholly owned by Zhang Bo. Huarui Entertainment is a company in China specializing in the operation of top-tier international sports IPs. Huarui Entertainment has been active since 2019.

Gelonghui Finance12:07

Tianji Holdings (01520.HK) received an increase of 1.5 million ordinary shares by Mei Weiyi, valued at approximately HKD 1.4933 million.

According to a report on January 12, based on the document disclosed by the Hong Kong Stock Exchange on January 12, Mei Weiyi increased his holdings by 1.5 million ordinary shares of $Tianji Holdings (01520.HK)$ at an average price of HKD 0.9955 per share on January 9, with a total value of approximately HKD 1.4933 million. After the increase, Mei Weiyi's latest number of shares held is 22.75 million shares, and his long position ratio has increased from 2.23% to 2.39%. Image Source: HKEX Equity Disclosure. What is equity disclosure? According to the requirements of the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more shares) must disclose their equity interests in listed companies. Listed companies

Futu NewsJan 12 17:10