HKEX Halts Trading as Cryptocurrency-Related Stock Primas Falls 70%
By: theblockbeats.news|2025/11/17 13:45:54
0
Share
Prefer us on Google
BlockBeats News, November 17th. According to Caixin, on November 17, 2025, Cryptocurrency concept stock Diginex (00399.HK) announced before the market opened that it was ordered by the Hong Kong Stock Exchange to suspend trading on November 26. The reason is that the Stock Exchange questioned the company's failure to meet the continued listing qualifications. The stock plummeted 73% on November 17th, closing at HK$0.064 per share, a 91% drop from its peak at the end of July.
The Hong Kong Stock Exchange pointed out that, according to Rule 13.24 of the Listing Rules, Diginex failed to maintain a sufficient level of operations and did not have sufficient asset value to support its operations, which allowed its shares to continue to be listed. Therefore, it was required to suspend trading from November 26th. Diginex responded in the announcement that it has decided to apply for a review to the Stock Exchange Listing Committee.
-- Price
--
--
--
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
Violations at Ukrainian Customs Increased by 20%
NVIDIA Seeks Chinese AI Base Station Suppliers to Develop 6G AI-RAN Base Stations
EU Extends Temporary Protection for Ukrainians Until 2028 with Restrictions
The White House has initiated a review of the rule-making process for the CFTC prediction market in the U.S
According to The Block, the Office of Information and Regulatory Affairs (OIRA) under the Office of Management and Budget of the White House stated on its website on Tuesday that it has received the proposed rules for prediction markets submitted by the Commodity Futures Trading Commission (CFTC) an...
DeFi has reached its most dangerous moment: the real vulnerabilities are not in the code
April 2026 is not just a security crisis; it is the moment when the industry's mental model completely collapses, and it is also the moment when the protocols that can survive are distinguished from those that cannot.
South Korea's FIU meets with the five major exchanges to discuss new regulations for cryptocurrency transactions exceeding 10 million won
According to Edaily, South Korea's FIU plans to tighten cryptocurrency regulation, proposing a reporting obligation for overseas cryptocurrency transactions exceeding 10 million won (approximately 7,200 USD), and strengthening KYC information verification and the applicability of the Travel Rule.The...
The U.S. SEC has revoked a settlement rule that has been in place for 50 years
According to CoinDesk, the U.S. Securities and Exchange Commission (SEC) has rescinded the "no denial" rule that has been in place for about 50 years. The new rule allows defendants who reach a settlement with the SEC to publicly question or deny the allegations made by the SEC in enforcement action...
"JUST 6th Anniversary x GasFree Super Carnival Month" is here: Enjoy "0" Gas transfer freedom and share a prize pool of 10,000 USDT
The total prize pool for this grand event reaches 10,000 USDT, covering multiple gameplay options such as the GasFree activation challenge, the exclusive prize pool for the pizza festival, the JUST 6th anniversary lucky koi, and knowledge competitions.
SBF withdraws the motion for a retrial, stating that it cannot obtain a fair hearing from the judge
SBF wrote to New York Judge Lewis Kaplan, announcing the temporary withdrawal of the Rule 33 motion for a retrial. SBF stated that he needed to focus on answering the judge's question about whether his lawyers were involved in drafting the motion, and he believed he could not receive a fair hearing ...
NYSE submits a proposal to amend rules to allow the listing and trading of tokenized securities
According to documents from the U.S. Securities and Exchange Commission (SEC), the New York Stock Exchange (NYSE) submitted a rule change proposal to the SEC (File No. SR-NYSE-2026-17) to add Rule 7.5 and amend related provisions, allowing eligible securities to be traded in tokenized form on the ex...
The US SEC has accepted the NYSE's new regulations, proposing to introduce a tokenized securities trading mechanism to support on-chain settlement
The SEC released a document (34-105260) disclosing the rule change application submitted by the NYSE, intending to formally introduce a framework for trading tokenized securities.According to the proposal, the NYSE plans to add Rule 7.5, allowing eligible securities to be traded and settled in a blo...
The Bounce is a Illusion? The Bond Market Has Answered
The Stock Market is in Frenzy, Bonds and Oil Are Signaling Caution
The U.S. SEC cancels the "pattern day trader" rule and withdraws the minimum balance requirement
The U.S. Securities and Exchange Commission (SEC) announced the repeal of the "pattern day trader" rule, eliminating the requirement for day trading accounts to maintain a minimum balance of $25,000.This rule was originally intended to restrict frequent trading behavior and aimed to reduce investor ...
Market Prediction Fallacy: Is Trading Based on Fact or Rule?
The U.S. rescue of an American pilot in Iran was deemed an invasion of Iran; Polymarket's stablecoin issuance was deemed a rug pull—come on, first figure out what game you're playing.
The Blockchain Association opposes Citadel's regulatory claims on DeFi and supports the SEC's innovation exemption framework
The Blockchain Association submitted a letter to the U.S. Securities and Exchange Commission (SEC) in response to Citadel's previous call for increased regulation of DeFi.The Blockchain Association stated that DeFi protocol developers do not fall under the category of brokers or exchange operators a...
US Labor Department Proposes Opening 401(k) Plans to Crypto
Key Takeaways: The U.S. Department of Labor’s proposal aims to introduce cryptocurrencies into 401(k) retirement accounts through a…
Nasdaq will eliminate the 10% minimum public float requirement starting May 1 and introduce a "fast track" rule
According to Cointelegraph, Nasdaq announced that starting from May 1, 2026, it will officially eliminate the 10% minimum float requirement and introduce a "fast track" rule that allows mega-cap IPOs to join the Nasdaq 100 Index within approximately 15 trading days.
Polymarket rules have changed, how should airdrop participants respond?
The regulatory hunt has already formed, and Polymarket's policy upgrade is a proactive response to this hunt.
South Korea to Enhance Cryptocurrency Anti-Money Laundering Regulation, Covering Small Transactions of Less Than 1 Million KRW
BlockBeats News, November 28th, according to Yonhap News Agency, South Korea's Financial Services Commission Chairman Eun Sung-soo stated at the "19th Anti-Money Laundering Day" event that South Korea will further strengthen cryptocurrency anti-money laundering regulation. The scope of the "Travel R...
Department of Commerce: China and the United States to Simultaneously Suspend Some Tariffs and Control Measures for One Year
BlockBeats News, October 30th, a spokesperson for the Ministry of Commerce responded to questions on the China-U.S. Kuala Lumpur Economic and Trade Consultations Arrangement. The spokesperson stated: The U.S. will lift the 10% so-called "Fentanyl Tariffs" on Chinese goods (including those from the H...
The US SEC submitted rules for digital asset and fund disclosure to the White House, proposing to introduce an innovative exemption mechanism
According to Bloomberg, the U.S. Securities and Exchange Commission has submitted two proposed rules to the Office of Management and Budget at the White House, concerning the digital asset industry and the disclosure requirements for hedge funds and private equity funds. Among them, the digital asse...
The Paraguayan Anti-Drug Agency held a seminar to strengthen law enforcement against organizations that use cryptocurrency for crime
According to CriptoNoticias, the National Anti-Drug Secretariat of Paraguay (Senad) held a seminar titled "Dismantling Criminal and Terrorist Financial Networks" at the Sheraton Hotel in Asunción in collaboration with the American Bar Association's Rule of Law Initiative and the Higher Institute of ...
The U.S. SEC plans to amend broker-dealer rule 15c2-11 to exclude crypto assets from its scope
The U.S. Securities and Exchange Commission today officially proposed amendments to Rule 15c2-11 of the Securities Exchange Act, aiming to clearly limit the scope of this rule to equity securities.Since its promulgation, this rule has primarily been used to regulate the information collection and re...
Sentient Reveals Tokenomics, How Will the Market Price It?
343 billion SENT, with over 60% allocated to the community and ecosystem, team and investor holdings locked long-term, probability of FDV exceeding $6 billion over 80%.
Thai Prime Minister Orders Tightening of Gold Trading and Digital Asset-Related Regulations
BlockBeats News, January 13th, according to The Nation Thailand, Thai Prime Minister Anutin Charnvirakul has officially launched a comprehensive operation against "grey money" and illegal fund flows, ordering tightened regulation on gold trading and digital assets. In the digital asset field, the go...
KindlyMD's Board of Directors has approved a Share Repurchase Plan
BlockBeats News, December 18th, according to official sources, the US-listed Bitcoin treasury company KindlyMD (NAKA) announced today that its board of directors has approved a share repurchase program, under which the company may repurchase its outstanding common stock.Under the newly authorized re...
JusticiaNet: Establishing a Multi-Jurisdictional Legal Process for Criminal Cases Involving Virtual Currency, Exploring Three Disposal Measures: "Liquidation, Destruction, Return"
BlockBeats News, December 14th. The Justice Net, under the Procuratorial Daily of the Supreme People's Procuratorate of China, published an article titled "Establishing a Multi-Faceted Judicial Disposal Path for Criminal Virtual Currency Cases," mentioning the exploration of three disposal measures:...
How is a WeChat Account Stolen and How to Prevent It?
Including Binance co-founder He Yi and TRON founder Justin Sun, the WeChat accounts of several prominent figures were hijacked
The U.S. Accounting Standards Board is considering adding the "Cryptocurrency Transfer" accounting project
BlockBeats News, November 14th, according to Bloomberg, the U.S. accounting standard-setting body, the Financial Accounting Standards Board (FASB), will meet on November 19th to discuss whether to formally include "the accounting treatment for the transfer of crypto assets" in its technical agenda. ...
China and the United States Begin Implementation of Kuala Lumpur Economic and Trade Consultations Consensus
BlockBeats News, November 6th. Recently, China and the United States have successively adjusted multiple tariff or non-tariff measures, beginning to implement the outcomes of the economic and trade consultations between the two sides in Kuala Lumpur. On November 4th local time, the White House issue...
Violations at Ukrainian Customs Increased by 20%
NVIDIA Seeks Chinese AI Base Station Suppliers to Develop 6G AI-RAN Base Stations
EU Extends Temporary Protection for Ukrainians Until 2028 with Restrictions
The White House has initiated a review of the rule-making process for the CFTC prediction market in the U.S
According to The Block, the Office of Information and Regulatory Affairs (OIRA) under the Office of Management and Budget of the White House stated on its website on Tuesday that it has received the proposed rules for prediction markets submitted by the Commodity Futures Trading Commission (CFTC) an...
DeFi has reached its most dangerous moment: the real vulnerabilities are not in the code
April 2026 is not just a security crisis; it is the moment when the industry's mental model completely collapses, and it is also the moment when the protocols that can survive are distinguished from those that cannot.
South Korea's FIU meets with the five major exchanges to discuss new regulations for cryptocurrency transactions exceeding 10 million won
According to Edaily, South Korea's FIU plans to tighten cryptocurrency regulation, proposing a reporting obligation for overseas cryptocurrency transactions exceeding 10 million won (approximately 7,200 USD), and strengthening KYC information verification and the applicability of the Travel Rule.The...
...
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
