The company that is quoted in Hong Kong, China Financial Leasing Group (2312) says that he plans to raise around 86.5 million dollars from Hong Kong ($ 11.1 million), of which he will build a cryptocurrency investment platform.
China Financial will increase capital through a new subscription of shares, issuing more than 69 million new shares at a price of 1.25 dollars from Hong Kong each, according to a presentation before the Hong Kong bag.
Approximately 94% of the net income of the increase will be used for the investment in company values ​​in several sectors, with an approach to cryptographic and blockchain industries and artificial intelligence (AI).
The company added that it intends to focus on “establishing an investment platform for Digital Assets of Crypto and AI”, in Sunday’s announcement.
Hong Kong has been at the forefront of the jurisdictions that advance its regulation of the cryptographic industry, after having established plans in June to establish a regime to supervise exchanges, custodians, stables and other suppliers of digital asset services.
China Financial increased 34% on Monday, closing to 1.72 dollars from Hong Kong, compared to the Hang Seng index closing 0.67% lower.
