v3.26.1
Financial Assets Held for Trading
6 Months Ended 12 Months Ended
Dec. 31, 2025
Jun. 30, 2025
Financial Assets Held For Trading Abstract    
Financial Assets Held for Trading

4. Financial Assets Held for Trading

 

The following table present fair value measurments of investment:

 

   December 31, 2025 
   Level 1   Level 2   Level 3   Total 
   US$   US$   US$   US$ 
Financial Assets Held for Trading     -    2,520,128     -    2,520,128 
Total   -    2,520,128    -    2,520,128 

 

The Group purchased certain units of an investment fund through which it mainly invested in the debt security markets. The fair value of this investment cannot be determined by market value as the fund was not publicly traded. Unit price was determined by the fund manager with liquidity discounts taken into account.

 

The following table set forth the movements for financial assets held for trading:

 

    Financial
Assets
Held
for
Trading
 
    US$  
Balance, July 1, 2024   -  
Subscription Amount   -  
Net change in unrealized appreciation (depreciation) on investments   -  
Net realized gain (loss) on investments   -  
Balance, June 30, 2025     2,384,192  
Subscription Amount     -  
Net change in unrealized appreciation (depreciation) on investments     -  
Net realized gain (loss) on investments     135,936  
Balance, December 31, 2025     2,520,128  

4. Financial Assets Held for Trading

 

The following table present fair value measurments of investment:

 

   June 30, 2025 
   Level 1   Level 2   Level 3   Total 
   US$   US$   US$   US$ 
Financial Assets Held for Trading       -    2,384,192        -    2,384,192 
Total   -    2,384,192    -    2,384,192 

 

The Group purchased certain units of an investment fund through which it mainly invested in the debt security markets. The fair value of this investment cannot be determined by market value as the fund was not publicly traded. Unit price was determined by the fund manager with liquidity discounts taken into account.

 

The following table set forth the movements for financial assets held for trading:

 

    Financial
Assets
Held
for
Trading
 
    US$  
Balance, June 30, 2023   -  
Subscription Amount   -  
Net change in unrealized appreciation (depreciation) on investments   -  
Net realized gain (loss) on investments   -  
Balance, June 30, 2024     -  
Subscription Amount     2,352,941  
Net change in unrealized appreciation (depreciation) on investments     -  
Net realized gain (loss) on investments     31,251  
Balance, June 30, 2025     2,384,192