Future FinTech shares surge 10.05% after hours on Hong Kong subsidiary's AI app launch and virtual asset sector expansion plans.

Future FinTech Group (FTFT) rose 10.05% in after-hours trading, driven by two recent developments: the launch of an AI application for investment analytics and trading by its Hong Kong subsidiary on August 13, 2025, and the formal application for a VASP license in Hong Kong on August 11, 2025, to expand into the virtual asset sector. These announcements highlighted the company’s strategic pivot into AI-driven financial services and cryptocurrency, aligning with market trends and signaling potential growth opportunities. The timing of the price surge coincides with these news events, which likely attracted investor optimism about the firm’s future prospects in emerging fintech sectors.