Hong Kong, Not US, will List Bitcoin Miner Canaan Creative’s IPO

[kreslik.news]

China’s second-largest Bitcoin mining hardware manufacture Canaan Creative is planning for an initial public offering (IPO) and is seeking to list itself in Hong Kong-based stock exchange rather than the lucrative US market, according to a report by the South China Morning Post.

Earlier, the hardware manufacturer revealed that it was considering both Hong Kong and the US to list its stocks, but the recent report showed that the firm had already eliminated the second option from its list. However, Canaan did not make any official announcement yet.

Moreover, the anonymous sources told the Chinese daily that the firm is ... (read more)