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Economy

Bitcoin miners mull HK IPOs

1
2018-05-16 09:29Global Times/Agencies Editor: Li Yan ECNS App Download

Two Chinese Bitcoin mining equipment makers plan to raise up to $1 billion each from Hong Kong listings this year, riding on strong global interest in cryptocurrencies, IFR reported on Tuesday, citing people familiar with the plans.

Canaan Creative filed a listing application to the Hong Kong Stock Exchange on Monday, reported IFR, a Thomson Reuters publication.

Zhejiang Ebang Communication has also started working with advisers on a proposed Hong Kong float of up to $1 billion, reported IFR.

  

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