Xinhuo Group's 2026 Interim Report: Loss expands to HK$245 million, revenue from crypto asset trading business fell by 43.4% year-on-year

Xinhuo Group released its interim results report for the six months ended March 31, 2026. The group recorded a loss of approximately HK$244.9 million (unaudited) during the period, a significant increase of approximately 1890% from the loss of HK$12.3 million for the same period in 2025. Among them, the crypto asset trading business recorded revenue of HK$1.9447 billion, a year-on-year decrease of approximately 43.4%.<br /> In terms of business segments, in terms of asset management business, as of the end of the reporting period, the asset management scale (AUM) reached approximately US$145.6 million; the number of Xinhuo quantitative trading customers increased by approximately 12.9% compared with the same period last year.<br /> In terms of trust and custody business, the number of private bank-level accounts successfully opened during the reporting period increased from 37 to 305; the number of accounts with intention to open accounts increased from 106 to 668.<br /> In terms of the over-the-counter trading business of crypto assets, the number of OTC trading customers increased from 8 to 31, with a compound monthly growth rate of 31.1%.<br /> In addition, the cumulative number of registered users of BitTrade, a Japanese compliance exchange owned by the group, reached 288,214.