Business 24 April 2019

Crypto mining losses wipe 90% off Chinese construction firm’s value

A listed construction firm in China has been exposed as operating a secret crypto mining business, after it was reportedly sold at a heavy discount after substantial losses.

Business 28 March 2019

Crypto miner maker Canaan Creative plans fresh attempt at IPO: report

The firm behind the Avalon processor, Canaan Creative is said to be discussing the matter with shareholders in light of a plan to list on the Shanghai Stock Exchange, according to reports.

Business 13 March 2019

Crypto miner Canaan secures ‘hundreds of millions’ in fresh investment round

Chinese crypto mining giant Canaan Creative has secured investment running to hundreds of millions, according to local press reports, in the latest positive sign for the recuperating crypto mining sector.

Business 13 February 2019

Canaan Creative co-founder leaves crypto miner maker: report

Internal disagreements have reportedly sent Xiangfu Liu, one of the three founders of Bitmain’s crypto mining rival Canaan Creative, packing.

Business 25 January 2019

HK stock exchange chief takes a swipe at Bitmain’s IPO attempt

SEHK CEO Charles Li Xiaojia responded to media questions about the status of initial public offering (IPO) applications of three cryptocurrency mining hardware manufacturers—Bitmain Technology, Canaan Creative, and Ebang International Holdings.

Business 8 January 2019

Crypto miner maker Canaan eyes going public in New York: report

One of Bitmain’s crypto mining rivals, Canaan Creative, has reportedly shelved its Hong Kong initial public offering (IPO) plan and moved on to greener pastures—New York.

Tech 18 October 2018

Canaan announces new crypto miners, increases mining space competition

Canaan Creative is poised to dethrone the current largest manufacturer of cryptocurrency mining equipment with new mining rig and other advancements in the crypto mining space.

Tech 8 June 2018

Crypto mining giant Bitmain gears up for ‘record breaking’ IPO

Bitmain is reportedly considering an initial public offering, in a move that could set new records for the cryptocurrency space.

Tech 11 May 2018

Bitmain’s crypto mining rival plans $1-billion IPO

Canaan Creative, China’s second-largest mining hardware manufacturer, hopes to capture a large chunk of the market and is preparing to launch an initial public offering on the Hong Kong Stock Exchange.