Future FinTech Stock Surges On Forging Into Supply Chain Software Business

Benzinga2021-09-03

Future FinTech Group Inc inked a term sheet to acquire 51% of the equity of Shanghai Dianfa Internet Technology Co., Ltd for $2.8 million.
Future FinTech will pay $0.93 in cash and the remaining $1.8 million in shares.
It represents Future FinTech's aim to enter SMEs' critical supply chain finance business and the microfinance sector.
Future FinTech held $72 million in cash and equivalents as of June 30.
Recently, Alibaba Group Holding Ltd backed Ant Group, and TikTok parent ByteDance Ltd reduced their stakes in their fintech businesses following China's fintech crackdown.
Price Action:FTFT shares traded higher by 12.43% at $2.90 on the last check Friday.

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their fintech businesses following China's fintech crackdown.</li>\n <li><b>Price Action:</b>FTFT shares traded higher by 12.43% at $2.90 on the last check Friday.</li>\n</ul>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Future FinTech Stock Surges On Forging Into Supply Chain Software Business</title>\n<style 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Co., Ltd for $2.8 million.\nFuture FinTech will pay $0.93 in cash and the remaining $1.8...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/long-ideas/21/09/22796320/future-fintech-stock-surges-on-forging-into-supply-chain-software-business\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FTFT":"富册金融科技"},"source_url":"https://www.benzinga.com/trading-ideas/long-ideas/21/09/22796320/future-fintech-stock-surges-on-forging-into-supply-chain-software-business","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191909803","content_text":"Future FinTech Group Inc  inked a term sheet to acquire 51% of the equity of Shanghai Dianfa Internet Technology Co., Ltd for $2.8 million.\nFuture FinTech will pay $0.93 in cash and the remaining $1.8 million in shares.\nIt represents Future FinTech's aim to enter SMEs' critical supply chain finance business and the microfinance sector.\nFuture FinTech held $72 million in cash and equivalents as of June 30.\nRecently, Alibaba Group Holding Ltd backed Ant Group, and TikTok parent ByteDance Ltd reduced their stakes in their fintech businesses following China's fintech crackdown.\nPrice Action:FTFT shares traded higher by 12.43% at $2.90 on the last check Friday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":814476948,"gmtCreate":1630882877684,"gmtModify":1631890644694,"author":{"id":"4090589669980690","authorId":"4090589669980690","name":"SMW","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4090589669980690","authorIdStr":"4090589669980690"},"htmlText":"[鬼脸]","listText":"[鬼脸]","text":"[鬼脸]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/814476948","repostId":1191909803,"repostType":4,"repost":{"id":"1191909803","kind":"news","pubTimestamp":1630681164,"share":"https://www.laohu8.com/m/news/1191909803?lang=&edition=full","pubTime":"2021-09-03 22:59","market":"us","language":"en","title":"Future FinTech Stock Surges On Forging Into Supply Chain Software 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higher by 12.43% at $2.90 on the last check Friday.</li>\n</ul>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Future FinTech Stock Surges On Forging Into Supply Chain Software Business</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ 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0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFuture FinTech Stock Surges On Forging Into Supply Chain Software Business\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-03 22:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/trading-ideas/long-ideas/21/09/22796320/future-fintech-stock-surges-on-forging-into-supply-chain-software-business><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Future FinTech Group Inc  inked a term sheet to acquire 51% of the equity of Shanghai Dianfa Internet Technology Co., Ltd for $2.8 million.\nFuture FinTech will pay $0.93 in cash and the remaining $1.8...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/long-ideas/21/09/22796320/future-fintech-stock-surges-on-forging-into-supply-chain-software-business\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FTFT":"富册金融科技"},"source_url":"https://www.benzinga.com/trading-ideas/long-ideas/21/09/22796320/future-fintech-stock-surges-on-forging-into-supply-chain-software-business","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191909803","content_text":"Future FinTech Group Inc  inked a term sheet to acquire 51% of the equity of Shanghai Dianfa Internet Technology Co., Ltd for $2.8 million.\nFuture FinTech will pay $0.93 in cash and the remaining $1.8 million in shares.\nIt represents Future FinTech's aim to enter SMEs' critical supply chain finance business and the microfinance sector.\nFuture FinTech held $72 million in cash and equivalents as of June 30.\nRecently, Alibaba Group Holding Ltd backed Ant Group, and TikTok parent ByteDance Ltd reduced their stakes in their fintech businesses following China's fintech crackdown.\nPrice Action:FTFT shares traded higher by 12.43% at $2.90 on the last check Friday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":814471068,"gmtCreate":1630882727054,"gmtModify":1632905443303,"author":{"id":"3586941861951066","authorId":"3586941861951066","name":"EHG","avatar":"https://static.tigerbbs.com/28e4734e50f795c3218330cbb6c3e9a0","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586941861951066","authorIdStr":"3586941861951066"},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/814471068","repostId":1191909803,"repostType":4,"repost":{"id":"1191909803","kind":"news","pubTimestamp":1630681164,"share":"https://www.laohu8.com/m/news/1191909803?lang=&edition=full","pubTime":"2021-09-03 22:59","market":"us","language":"en","title":"Future FinTech Stock Surges On Forging Into Supply Chain Software Business","url":"https://stock-news.laohu8.com/highlight/detail?id=1191909803","media":"Benzinga","summary":"Future FinTech Group Inc  inked a term sheet to acquire 51% of the equity of Shanghai Dianfa Interne","content":"<ul>\n <li><b>Future FinTech Group Inc</b>&nbsp;&nbsp;inked a term sheet&nbsp;to acquire 51% of the equity of&nbsp;<b>Shanghai Dianfa Internet Technology Co., Ltd</b>&nbsp;for $2.8 million.</li>\n <li>Future FinTech will pay $0.93 in cash and the remaining $1.8 million in shares.</li>\n <li>It represents Future FinTech's aim to enter SMEs' critical supply chain finance business and the microfinance sector.</li>\n <li>Future FinTech held $72 million in&nbsp;cash and equivalents&nbsp;as of June 30.</li>\n <li>Recently,&nbsp;<b>Alibaba Group Holding Ltd</b>&nbsp;backed Ant Group, and TikTok parent&nbsp;<b>ByteDance Ltd</b>&nbsp;reduced their stakes&nbsp;in their fintech businesses following China's fintech crackdown.</li>\n <li><b>Price Action:</b>FTFT shares traded higher by 12.43% at $2.90 on the last check Friday.</li>\n</ul>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Future FinTech Stock Surges On Forging Into Supply Chain Software Business</title>\n<style 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Co., Ltd for $2.8 million.\nFuture FinTech will pay $0.93 in cash and the remaining $1.8...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/long-ideas/21/09/22796320/future-fintech-stock-surges-on-forging-into-supply-chain-software-business\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FTFT":"富册金融科技"},"source_url":"https://www.benzinga.com/trading-ideas/long-ideas/21/09/22796320/future-fintech-stock-surges-on-forging-into-supply-chain-software-business","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191909803","content_text":"Future FinTech Group Inc  inked a term sheet to acquire 51% of the equity of Shanghai Dianfa Internet Technology Co., Ltd for $2.8 million.\nFuture FinTech will pay $0.93 in cash and the remaining $1.8 million in shares.\nIt represents Future FinTech's aim to enter SMEs' critical supply chain finance business and the microfinance sector.\nFuture FinTech held $72 million in cash and equivalents as of June 30.\nRecently, Alibaba Group Holding Ltd backed Ant Group, and TikTok parent ByteDance Ltd reduced their stakes in their fintech businesses following China's fintech crackdown.\nPrice Action:FTFT shares traded higher by 12.43% at $2.90 on the last check Friday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5763787,"gmtCreate":1630883404925,"gmtModify":1635130071374,"authorId":3572397521268164,"author":{"id":3572397521268164,"idStr":"3572397521268164","authorId":3572397521268164,"name":"JayTan","avatar":"https://static.tigerbbs.com/2df5c1d990871ccbfc0f26d4948532db","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":814471068,"type":1,"supId":0,"prevId":0,"content":"reply back thks","text":"reply back thks","html":"reply back 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22:59","market":"us","language":"en","title":"Future FinTech Stock Surges On Forging Into Supply Chain Software Business","url":"https://stock-news.laohu8.com/highlight/detail?id=1191909803","media":"Benzinga","summary":"Future FinTech Group Inc  inked a term sheet to acquire 51% of the equity of Shanghai Dianfa Interne","content":"<ul>\n <li><b>Future FinTech Group Inc</b>&nbsp;&nbsp;inked a term sheet&nbsp;to acquire 51% of the equity of&nbsp;<b>Shanghai Dianfa Internet Technology Co., Ltd</b>&nbsp;for $2.8 million.</li>\n <li>Future FinTech will pay $0.93 in cash and the remaining $1.8 million in shares.</li>\n <li>It represents Future FinTech's aim to enter SMEs' critical supply chain finance business and the microfinance sector.</li>\n <li>Future FinTech held $72 million in&nbsp;cash and equivalents&nbsp;as of June 30.</li>\n <li>Recently,&nbsp;<b>Alibaba Group Holding Ltd</b>&nbsp;backed Ant Group, and TikTok parent&nbsp;<b>ByteDance Ltd</b>&nbsp;reduced their stakes&nbsp;in their fintech businesses following China's fintech crackdown.</li>\n <li><b>Price Action:</b>FTFT shares traded higher by 12.43% at $2.90 on the last check Friday.</li>\n</ul>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Future FinTech Stock Surges On Forging Into Supply Chain Software Business</title>\n<style 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Co., Ltd for $2.8 million.\nFuture FinTech will pay $0.93 in cash and the remaining $1.8...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/long-ideas/21/09/22796320/future-fintech-stock-surges-on-forging-into-supply-chain-software-business\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FTFT":"富册金融科技"},"source_url":"https://www.benzinga.com/trading-ideas/long-ideas/21/09/22796320/future-fintech-stock-surges-on-forging-into-supply-chain-software-business","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191909803","content_text":"Future FinTech Group Inc  inked a term sheet to acquire 51% of the equity of Shanghai Dianfa Internet Technology Co., Ltd for $2.8 million.\nFuture FinTech will pay $0.93 in cash and the remaining $1.8 million in shares.\nIt represents Future FinTech's aim to enter SMEs' critical supply chain finance business and the microfinance sector.\nFuture FinTech held $72 million in cash and equivalents as of June 30.\nRecently, Alibaba Group Holding Ltd backed Ant Group, and TikTok parent ByteDance Ltd reduced their stakes in their fintech businesses following China's fintech crackdown.\nPrice Action:FTFT shares traded higher by 12.43% at $2.90 on the last check Friday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":814413537,"gmtCreate":1630858005529,"gmtModify":1631893629355,"author":{"id":"3575186824811117","authorId":"3575186824811117","name":"MrPikachu","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3575186824811117","authorIdStr":"3575186824811117"},"htmlText":"G","listText":"G","text":"G","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/814413537","repostId":1191909803,"repostType":4,"repost":{"id":"1191909803","kind":"news","pubTimestamp":1630681164,"share":"https://www.laohu8.com/m/news/1191909803?lang=&edition=full","pubTime":"2021-09-03 22:59","market":"us","language":"en","title":"Future FinTech Stock Surges On Forging Into Supply Chain Software Business","url":"https://stock-news.laohu8.com/highlight/detail?id=1191909803","media":"Benzinga","summary":"Future FinTech Group Inc  inked a term sheet to acquire 51% of the equity of Shanghai Dianfa Interne","content":"<ul>\n <li><b>Future FinTech Group Inc</b>&nbsp;&nbsp;inked a term sheet&nbsp;to acquire 51% of the equity of&nbsp;<b>Shanghai Dianfa Internet Technology Co., Ltd</b>&nbsp;for $2.8 million.</li>\n <li>Future FinTech will pay $0.93 in cash and the remaining $1.8 million in shares.</li>\n <li>It represents Future FinTech's aim to enter SMEs' critical supply chain finance business and the microfinance sector.</li>\n <li>Future FinTech held $72 million in&nbsp;cash and equivalents&nbsp;as of June 30.</li>\n <li>Recently,&nbsp;<b>Alibaba Group Holding Ltd</b>&nbsp;backed Ant Group, and TikTok parent&nbsp;<b>ByteDance Ltd</b>&nbsp;reduced their stakes&nbsp;in their fintech businesses following China's fintech crackdown.</li>\n <li><b>Price Action:</b>FTFT shares traded higher by 12.43% at $2.90 on the last check Friday.</li>\n</ul>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Future FinTech Stock Surges On Forging Into Supply Chain Software Business</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ 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0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFuture FinTech Stock Surges On Forging Into Supply Chain Software Business\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-03 22:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/trading-ideas/long-ideas/21/09/22796320/future-fintech-stock-surges-on-forging-into-supply-chain-software-business><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Future FinTech Group Inc  inked a term sheet to acquire 51% of the equity of Shanghai Dianfa Internet Technology Co., Ltd for $2.8 million.\nFuture FinTech will pay $0.93 in cash and the remaining $1.8...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/long-ideas/21/09/22796320/future-fintech-stock-surges-on-forging-into-supply-chain-software-business\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FTFT":"富册金融科技"},"source_url":"https://www.benzinga.com/trading-ideas/long-ideas/21/09/22796320/future-fintech-stock-surges-on-forging-into-supply-chain-software-business","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191909803","content_text":"Future FinTech Group Inc  inked a term sheet to acquire 51% of the equity of Shanghai Dianfa Internet Technology Co., Ltd for $2.8 million.\nFuture FinTech will pay $0.93 in cash and the remaining $1.8 million in shares.\nIt represents Future FinTech's aim to enter SMEs' critical supply chain finance business and the microfinance sector.\nFuture FinTech held $72 million in cash and equivalents as of June 30.\nRecently, Alibaba Group Holding Ltd backed Ant Group, and TikTok parent ByteDance Ltd reduced their stakes in their fintech businesses following China's fintech crackdown.\nPrice Action:FTFT shares traded higher by 12.43% at $2.90 on the last check Friday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5763320,"gmtCreate":1630880280985,"gmtModify":1631893629357,"authorId":3581766638376505,"author":{"id":3581766638376505,"idStr":"3581766638376505","authorId":3581766638376505,"name":"matcha_latte","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":814413537,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"},{"id":814518859,"gmtCreate":1630842796071,"gmtModify":1631889352128,"author":{"id":"3568349626879479","authorId":"3568349626879479","name":"Alice156","avatar":"https://static.tigerbbs.com/60ff94c21a2d26f4682ac8ed41af2e37","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3568349626879479","authorIdStr":"3568349626879479"},"htmlText":"Like and comments","listText":"Like and comments","text":"Like and comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/814518859","repostId":1191909803,"repostType":4,"repost":{"id":"1191909803","kind":"news","pubTimestamp":1630681164,"share":"https://www.laohu8.com/m/news/1191909803?lang=&edition=full","pubTime":"2021-09-03 22:59","market":"us","language":"en","title":"Future FinTech Stock Surges On Forging Into Supply Chain Software Business","url":"https://stock-news.laohu8.com/highlight/detail?id=1191909803","media":"Benzinga","summary":"Future FinTech Group Inc  inked a term sheet to acquire 51% of the equity of Shanghai Dianfa Interne","content":"<ul>\n <li><b>Future FinTech Group Inc</b>&nbsp;&nbsp;inked a term sheet&nbsp;to acquire 51% of the equity of&nbsp;<b>Shanghai Dianfa Internet Technology Co., Ltd</b>&nbsp;for $2.8 million.</li>\n <li>Future FinTech will pay $0.93 in cash and the remaining $1.8 million in shares.</li>\n <li>It represents Future FinTech's aim to enter SMEs' critical supply chain finance business and the microfinance sector.</li>\n <li>Future FinTech held $72 million in&nbsp;cash and equivalents&nbsp;as of June 30.</li>\n <li>Recently,&nbsp;<b>Alibaba Group Holding Ltd</b>&nbsp;backed Ant Group, and TikTok parent&nbsp;<b>ByteDance Ltd</b>&nbsp;reduced their stakes&nbsp;in their fintech businesses following China's fintech crackdown.</li>\n <li><b>Price Action:</b>FTFT shares traded higher by 12.43% at $2.90 on the last check Friday.</li>\n</ul>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Future FinTech Stock Surges On Forging Into Supply Chain 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equity of Shanghai Dianfa Internet Technology Co., Ltd for $2.8 million.\nFuture FinTech will pay $0.93 in cash and the remaining $1.8...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/long-ideas/21/09/22796320/future-fintech-stock-surges-on-forging-into-supply-chain-software-business\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FTFT":"富册金融科技"},"source_url":"https://www.benzinga.com/trading-ideas/long-ideas/21/09/22796320/future-fintech-stock-surges-on-forging-into-supply-chain-software-business","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191909803","content_text":"Future FinTech Group Inc  inked a term sheet to acquire 51% of the equity of Shanghai Dianfa Internet Technology Co., Ltd for $2.8 million.\nFuture FinTech will pay $0.93 in cash and the remaining $1.8 million in shares.\nIt represents Future FinTech's aim to enter SMEs' critical supply chain finance business and the microfinance sector.\nFuture FinTech held $72 million in cash and equivalents as of June 30.\nRecently, Alibaba Group Holding Ltd backed Ant Group, and TikTok parent ByteDance Ltd reduced their stakes in their fintech businesses following China's fintech crackdown.\nPrice Action:FTFT shares traded higher by 12.43% at $2.90 on the last check Friday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5761072,"gmtCreate":1630843112898,"gmtModify":1631889352130,"authorId":4088163140988980,"author":{"id":4088163140988980,"idStr":"4088163140988980","authorId":4088163140988980,"name":"Zozo11","avatar":"https://static.tigerbbs.com/0df473163d25fbc30eac54735b287082","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":814518859,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":956,"commentSize":103,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; 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