Li Gao Holdings Halts Cryptocurrency and Commodity Investments

Li Gao Holdings (08472.HK) has halted its plans to invest in cryptocurrencies and commodities, citing a thorough risk assessment and the company’s expertise in these areas. The decision follows an evaluation of specific risks associated with investing in these assets, which led to the cancellation of the approved budget of 24 million Hong Kong dollars. This marks a change from the company’s initial plans for market expansion.