Feiyang International Holdings Group (HKG:1901) said its blockchain-backed cultural tourism card project was fully subscribed, according to a Hong Kong bourse filing Monday.
Shares of the travel services firm gained nearly 3% in morning trade Tuesday.
The project, developed with partners including Qingdao Cultural Assets and Equity Exchange, Conflux Network, and UOVAMETA, is based on the core assets and tourism rights of the Mile Lakeview Boman Hotel in China and has a total issuance of 5.5 million yuan.
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