The Hong Kong stock exchange (HKEX) is considering an application cryptocurrency exchange OKCoin to the acquisition of 60% stake in construction company LEAP Group Holdings Ltd. It is reported by CoinDesk.
According to the publication, in the course of the transaction crypto currency exchange plans to buy about 3.2 billion shares of the company at a price of $0.02 per unit. The total amount of the transaction thus will exceed $60 million.
Pending the decision HKEX stock trading LEAP Holdings was suspended in order to avoid the unpredictable influence of news on the market behavior.
Earlier, in the same way did the exchange Huobi, has bought a controlling stake in the company Pantronics Holdings for $70 million
However, the difficulty of obtaining the permission of HKEX IPO, has already forced mining company Canaan to think about initial public offering in new York.