IPO filed in Hong Kong by Top Chinese Bitcoin Miner Manufacturer

IPO filed in Hong Kong by Top Chinese Bitcoin Miner Manufacturer
фото показано с : bitcoints.com

2018-6-25 17:29

Ebang Communication, one of the largest Bitcoin (BTC) mining hardware manufacturers in China, has filed an application for an initial public offering (IPO) with the Hong Kong Stock Exchange (HKEX) today, June 25.
The application confirms a Reuters report in May that the Zhejiang-based firm was working with advisers on a Hong Kong float, potentially seeking to raise as much as a staggering $1 billion to fund growth.
Today’s filing does not give details on how much Ebang is seeking to raise for its IPO, nor does it give a precise valuation for the firm.
In May, Cointelegraph reported that Canaan Creative had confirmed plans to start trading its IPO on the Hong Kong Stock Exchange as early as July.
This month, Bitmain’s CEO Jihan Wu revealed he is also “open” to conducting an overseas IPO as a means of allowing early backers of the firm to cash in funds.

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