The company listed in Hong Kong China Financial Leasing Group (2312) said it plans to raise nearly 86.5 million dollars of Hong Kong ($ 11.1 million), where it will build a cryptocurrency investment platform.
China Financial will raise capital through a new sharing subscription, releasing more than 69 million new shares for 1.25 dollars of Hong Kong each, According to a filing with Hong Kong Stock Exchange.
About 94% of the net proceeds from the increase will be used for investing in company security in various sectors, with focus on the crypto and blockchain industry and artificial intelligence (AI).
The company added that it intends to focus on “establishing a crypto investment platform and AI Digital Asset,” in the Sunday announcement.
Hong Kong is ahead of jurisdictions advancing their regulation in the crypto industry, having Set plans in June to establish a regime To handle exchanges, custodians, stablecoins and other digital asset services.
China’s financial Jump 34% On Monday, the closing of 1.72 dollars of Hong Kong, compared to Hang Seng Index Closing 0.67% lower.
