New Fire Group 2026 Mid-term Losses Surge 1890% to HKD 245M
2026-06-29 15:38

Woofun AI reports that New Fire Group recorded an unaudited loss of approximately HKD 244.9 million for the six months ended March 31, 2026, representing an 1890% increase from the HKD 12.3 million loss in the same period of 2025. Cryptocurrency asset trading revenue declined 43.4% year-on-year to HKD 1.9447 billion.

Assets under management reached approximately USD 145.6 million, while quantitative trading clients grew 12.9%. Private banking accounts opened rose from 37 to 305, and OTC trading clients increased from 8 to 31 with a 31.1% monthly compound growth rate. BitTrade accumulated 288,214 registered users.

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New Fire Group
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