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Financial Assets Held for Trading
 12 Months Ended
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:

 

   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 appriciation (depreciation) on investments   -  
Net realized gain (loss) on investments   -  
Balance, June 30, 2024     -  
Subscription Amount     2,352,941  
Net change in unrealized appriciation (depreciation) on investments     -  
Net realized gain (loss) on investments     31,251  
Balance, June 30, 2025     2,384,192