The founder of crypto exchange OKCoin, Star Xu, has acquired a controlling share in a Hong Kong-listed public company, leading to speculation the firm could be gearing up for a reverse IPO.
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.
Ebang has reported “significant decreases” in both revenues and gross profit over the third quarter of the year, in a refiling of its draft IPO prospectus with the Hong Kong Stock Exchange.
The Hong Kong Stock Exchange is reportedly “reluctant” to give their approval for Bitmain’s IPO application.
The Hong Kong Exchange (HKEX) published a report recently that focused on blockchains and artificial intelligence (AI) applications in the securities industry.
Cryptocurrency mining company Bitmain has officially filed its initial public offering (IPO) with the Hong Kong Stock Exchange.
Another China-based cryptocurrency mining hardware marker has reportedly submitted a prospectus for an initial public offering (IPO).