BlockBeats News, August 8th. Hong Kong-listed company Hungqiao Group (08137.HK) announced that it has signed a non-legally binding memorandum of understanding with Oriental Yilin, a digital operation service provider for forest assets, on August 8, 2025. Both parties will jointly build a "Forest + Finance + Blockchain" integrated ecosystem to promote the application of Real World Assets (RWA) in the field of forestry.
This move marks Hungqiao Group's official entry into the new RWA track. (Sohu Finance)