Huobi Group acquired 199 million shares of the Pantronics Holding Ltd at HK$2.72 (or $0.35) per share, through its two subsidiaries – Huobi Universal and Huobi Capital.
The cryptocurrency exchange Huiobu fuels market speculations discreetly becoming the largest shareholder of a Hong-Kong-based public firm.
Today Huobi Group officially launches the ‘Huobi 10 Index’, and announced that HB10 will be launched based on the ‘Huobi 10 Index’ next month.
Bitcoin has been hit once again by the Chinese regulatory hammer as the crackdown gets stronger, due to the warnings issued by People’s Bank of China.
In case PBOC (People’s Bank of China) decides to tighten the restrictions of financial services that are operating with industry, major Chinese bitcoin exchanges will be ready to move their operations.