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Media: OKCoin Bitcoin Exchange will swallow a construction company to enter the Hong Kong Stock Exchange



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The Hong Kong Stock Exchange (HKEX) is considering an application for the OKCoin currency exchange to acquire a 60% stake in the construction company LEAP Holdings Group Ltd. It is reported by CoinDesk.

According to the publication, in the course of the transaction, the cryptographic exchange plans will acquire approximately 3.2 billion shares of the company at a price of $ 0.02 per unit. The total amount of the transaction exceeds $ 60 million.

Pending a decision by HKEX, LEAP Holdings was suspended to avoid the unpredictable influence of news on market behavior.

Previously, the Huobi exchange occurred in the same way, having purchased a controlling stake in Pantronics Holdings for $ 70 million.

At the same time, the difficulties in obtaining an HKEX permit for an IPO have already forced the Canaan mining company to consider making an initial public offering in New York.

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