Top Executive Makes Notable Move With Fresh Insider Stock Sale at Chaince Digital Holdings

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2025.12.30 02:06
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Chaince Digital Holdings Inc. experienced insider activity as Chief Strategy Officer Wilfred ZhongKei Daye sold 4,500 shares for $27,525. The company also reported the resignation of COO Sun Qian, emphasizing governance stability. Chaince completed a $6.14 million private placement to finance an AI-focused gigafactory and rebranded from Mercurity Fintech to reflect its pivot towards financial services. Despite these developments, analysts remain cautious due to weak financial performance and negative profitability, with Spark rating CD stock as Underperform.