Hao Tian International Reallocates Funds: Shifts Investment Towards Ethereum Amid Economic Uncertainty

Hong Kong-listed company Hao Tian International Construction Investment Group (1341.HK) has announced a strategic shift in its investment strategy, redirecting approximately HKD 35.75 million from a planned data center project in Malaysia to the purchase of Ethereum. This decision was made due to current economic constraints and limited financial resources, prompting a temporary halt to the data center development plans. The company’s board of directors believes in the potential for future appreciation within the cryptocurrency market and has committed to completing the Ethereum acquisition within a month.