China New City Group reaches cooperation with EX.IO to launch commercial real estate RWA

Odaily Planet Daily News Hong Kong listed company China New City Group Co., Ltd. (1321.HK) and Hong Kong licensed virtual asset trading platform EX.IO today announced a strategic cooperation to jointly issue RWA (real-world asset) that combines commercial real estate projects with digital assets. The underlying target assets issued this time include two parts: domestic high-quality commercial real estate and mainstream virtual assets with certain growth space. Among them, commercial real estate is Zhong'an Times Square located in the Hangzhou area of ​​Zhejiang Province. The project has maintained a high occupancy rate and stable customer flow for a long time, with high-quality brand tenants gathering, and outstanding asset quality and income capabilities. By adding mainstream virtual assets to the portfolio, global investors will provide asset allocation options that are both secure and profit-attracting. It is reported that China New City Group has transformed into a digital asset management company. The Group will make full use of cutting-edge technologies such as blockchain, artificial intelligence and the Internet of Things to realize the digital transformation of cross-field assets such as real estate, green finance and cross-border trade, and build a new digital geographic system. EX.IO, a licensed virtual asset trading platform invested by Sina's Huasheng Group, was licensed by the Hong Kong Securities Regulatory Commission in December 2024. The core team comes from international financial institutions such as Societe Generale, Morgan Stanley, and HSBC. It has deep traditional financial experience and blockchain innovation strength.