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Leadership Changes at New Huo Technology Holdings

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Leadership Changes at New Huo Technology Holdings

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The latest update is out from New Huo Technology Holdings Limited ( (HK:1611) ).

New Huo Technology Holdings Limited announced significant leadership changes effective August 26, 2025. Mr. Weng Xiaoqi has been appointed as the new CEO and executive director, bringing over a decade of experience in blockchain infrastructure and virtual asset exchanges. He succeeds Mr. Du Jun, who has transitioned to a non-executive director role. These changes are expected to enhance the company’s strategic growth and development in the blockchain sector.

The most recent analyst rating on (HK:1611) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on New Huo Technology Holdings Limited stock, see the HK:1611 Stock Forecast page.

More about New Huo Technology Holdings Limited

New Huo Technology Holdings Limited is involved in the blockchain industry, focusing on blockchain infrastructure and the operation of virtual asset exchanges. The company is positioned in the digital asset landscape, promoting compliant development of blockchain technologies in the Asia-Pacific region and globally.

Average Trading Volume: 9,559,368

Technical Sentiment Signal: Buy

Current Market Cap: HK$4.06B

For an in-depth examination of 1611 stock, go to TipRanks’ Overview page.

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