Alibaba Co-Founder & Billionaire Jack Ma-Backed Hong Kong-Listed $1.7 Billion Yunfeng Financial Group Invests $44 Million to Buy 10,000 Ethereum (ETH), Jack Ma Owns 11.5% of Yunfeng Financial Group, Jack Ma Has a Fortune of $28 Billion 

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Alibaba Co-Founder & Billionaire Jack Ma-Backed Hong Kong-Listed $1.7 Billion Yunfeng Financial Group Invests $44 Million to Buy 10,000 Ethereum (ETH), Jack Ma Owns 11.5% of Yunfeng Financial Group, Jack Ma Has a Fortune of $28 Billion 

4th September | Hong Kong

Alibaba co-founder & billionaire Jack Ma-backed Hong Kong-listed Yunfeng Financial Group ($1.7 billion market value) has invested $44 million to buy 10,000 Ethereum (ETH).  Jack Ma owns 11.5% of Yunfeng Financial Group.  Jack Ma has a fortune of around $28 billion.  Yunfeng Financial Group – Yunfeng Financial Group, listed on the Hong Kong Stock Exchange Main Board, is a pioneer in financial technology. We provide brokerage, asset management, insurance and fintech business. Adhering to our “Based in Hong Kong and Connecting China to the World” strategy, we provide comprehensive financial services to individual and institutional investors, as well as corporate clients using the latest online technology. The subsidiaries of Yunfeng Financial Group are licensed corporations which are granted a licence to carry on Types 1, 4 and/or 9 regulated activities under the Securities and Futures Ordinance in Hong Kong. We, through YF Life Insurance International Limited, are authorized by the Insurance Authority to carry on long term insurance business in Hong Kong and are one of the Mandatory Provident Fund Schemes Authority approved trustees. With principal shareholders and professional management teams experienced in both finance and technology fields, we provide innovative services to investor.  As one of the first financial technology companies in Hong Kong, Yunfeng Financial Group has launched a series of “Youyu” mobile apps, namely “Youyu Stock”、 “Youyu Wealth” and “YF Youyu”. In July 2021, Yunfeng Financial Group integrated the product functions of the original “Youyu Stocks” and “Youyu Wealth”, and launched a new one-stop global investment platform “YF Youyu”. So far, “YF Youyu” has already covered the Hong Kong and US equity markets as well as A shares covered by SH/SZ-HK Stock Connect. Simultaneously, “YF Youyu” has entered into arrangements with over twenty top-tier fund managers around the world. The group’s FinTech business, oriented with market demand, is dedicated to provide institutional and corporate clients with comprehensive integrated solutions.

“ Alibaba Co-Founder & Billionaire Jack Ma-Backed Hong Kong-Listed $1.7 Billion Yunfeng Financial Group Invests $44 Million to Buy 10,000 Ethereum (ETH), Jack Ma Owns 11.5% of Yunfeng Financial Group, Jack Ma Has a Fortune of $28 Billion “

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Alibaba Co-Founder & Billionaire Jack Ma-Backed Hong Kong-Listed $1.7 Billion Yunfeng Financial Group Invests $44 Million to Buy 10,000 Ethereum (ETH), Jack Ma Owns 11.5% of Yunfeng Financial Group, Jack Ma Has a Fortune of $28 Billion

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