Canaan Creative, China’s second-largest Bitcoin (BTC) mining hardware manufacturer plans to seek an Initial Public Offering (IPO) on the Hong Kong Stock Exchange. The company’s decision to conduct an IPO in Hong Kong, instead of in the US, was reported by South China Morning Post (SCMP) Wednesday, May 9.
If successful, the company would reportedly be the first ever blockchain-related company to be listed on the city’s markets, SCMP states further.