M
SEHK: 0863
Change
Last
High
Low
Volume
HKD8.18
-0.10 (-1.21%)
8.18
8.38
8.07
762,167
EQS TodayIR | Last Updated: 13 Dec, 2024 04:08 pm
SEHK: 0863
Change
HKD8.18
-0.10 (-1.21%)
EQS TodayIR | Last Updated: 13 Dec, 2024 04:08 pm

Fidelity Acquires Stake in Hong Kong Crypto Firm BC Group

Fidelity International has acquired a HK$110.5 million ($14.2 million) stake in the operator of OSL, one of Asia’s biggest digital-asset platforms for professional investors.

The investment manager acquired 17 million shares of BC Technology Group Ltd. for an average price per share of HK$6.50 as of Feb. 12, according to a Hong Kong stock exchange filing. The acquisition makes Fidelity a substantial shareholder with a 5.6% position.

Check out the link below for the full content:https://www.bloomberg.com/news/articles/2020-02-21/fidelity-acquires-stake-in-hong-kong-crypto-firm-bc-group