Bitmain steps up with Hong Kong IPO plans

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By Jonathan Breen
27 Sep 2018

Cryptocurrency mining company Bitmain Technologies Holding Co has joined a growing number of companies from the sector aiming for a Hong Kong IPO.

The Chinese company is the largest global manufacturer of application-specific integrated circuit-based cryptocurrency mining hardware, with a 74.5% market share in terms of 2017 sales revenue, as quoted in its prospectus.

The firm is working with CICC as sole sponsor for the listing. It is planning to float ...

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