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China Financial Leasing Group (2312) to Raise $11M for Crypto Investment

Summary by Coin Desk
Hong Kong-listed company China Financial Leasing Group (2312) says it plan to raise around 86.5 million Hong Kong dollars ($11.1 million), from which it will build a cryptocurrency investment platform.China Financial will raise the capital through a new share subscription, issuing over 69 million new shares at a price of 1.25 Hong Kong dollars each, according to a filing with the Hong Kong Stock Exchange.Approximately 94% of the net proceeds fro…

6 Articles

The company, which lists its shares on the Hong Kong Stock Exchange, seeks to raise capital through the sale of shares to focus on exchanges of cryptocurrencies, DeFi, assets such as Bitcoin and AI. *** China Financial Leasing Group seeks to raise capital for investments in emerging sectors. It will sell shares and use revenue to invest in cryptocurrencies and AI. It will focus on exchanges, DeFi, NFT, Bitcoin, Ethereum, IA, among others. The mo…

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crypto.news broke the news in on Monday, October 6, 2025.
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