Yuzhi Finance Delisted from HK Equity Display Center Amid Crackdown

2025-12-20 11:32

Yuzhi Finance has been delisted from the Hong Kong Equity Display Center following China's intensified regulatory scrutiny on virtual currency risks. The platform, which had been listed under code HK31919, was removed on October 14 due to suspicions of illegal fundraising activities. This development has left investors unable to withdraw funds, as reported on social media. The Hong Kong Exchanges and Clearing has also identified the Hong Kong Stablecoin Exchange as suspicious, emphasizing that there is no connection between the two entities. This situation underscores the importance of transparency and regulatory compliance in investment platforms.

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