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PANews
PANews|Nov 27, 2025 11:37
**[MicroBit Capital Announces $100,000 Donation to Support Hong Kong Tai Po Fire Relief Efforts]** Hong Kong Xiaofei Asset Management Co., Ltd. (MicroBit or Xiaofei Asset) has announced an emergency donation of $100,000 (approximately HK$780,000) to the Hong Kong Youth Student Power Fund to fully support the disaster-stricken community in Tai Po, Hong Kong. MicroBit representative Feng Jingtian stated: “The tragic situation of the Tai Po fire has deeply affected every Hong Kong citizen. As a financial institution rooted in Hong Kong, we hope this donation can provide immediate and substantial assistance to the community, helping affected families overcome difficulties and paying tribute to the brave firefighters and rescue personnel on the front lines. We firmly believe that the development of technology and finance should ultimately serve society. MicroBit will continue to support such charitable initiatives and fulfill its corporate social responsibility.” The Hong Kong Youth Student Power Fund has innovatively opened dual channels for donations: “bank fiat transfers” and “virtual asset donations,” connecting traditional philanthropists with the Web3 community. All funds raised through this campaign will be donated entirely to the residents and frontline personnel affected by the fire.
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Timeline

Nov 30, 13:12Binance donated HK$10 million, with the industry totaling nearly HK$100 million.
Nov 30, 04:15The privacy sector is navigating through the hype cycle.
Nov 28, 15:36Cobo donates HK$1 million to support rescue and reconstruction
Nov 28, 14:00(Crypto.com) donated HK$10 million to support fire rescue efforts
Nov 28, 11:33Cobo donates HK$1 million to support Tai Po fire rescue efforts
Nov 28, 10:02OKX donated 10 million
Nov 28, 09:57Binance donated 10 million.
Nov 28, 09:55The Hong Kong Securities and Futures Commission initiates an employee fundraiser to support fire disaster victims
Nov 28, 09:41Hong Kong donation statistics overlook cryptocurrency companies
Nov 28, 09:06((((Ju.com)))) donated 2 million HKD to support Hong Kong fire rescue efforts.

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