Chinese mining giant allegedly Canaan Creative is considering an initial public offering in the U.S., according to Bloomberg.

As noted familiar with the situation source, the output of Canaan on one of American stock exchanges can occur in the first half of this year. However, the IPO process is still in its earliest stages.

Note that last spring, Canaan Creative has applied for an IPO on the Hong Kong stock exchange (HKEX) with the goal to raise $1 billion later, However, this application lapsed.