BC Technology Group plans to spend around HK $ 198 million to upgrade its cutting edge technology platform and digital exchange.

06月
11
2021-6-11 08:40
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BC Technology Group (00863.HK) has announced that it plans to list a total of 31,952,500 shares at HK $ 17 per share before the June 11, 2021 listing period, according to Caihua.com. The reported capitalization was approximately 7.62% and the lot price was 11.73% discounted from yesterday's closing price of HK $ 19.26 per share. Total export earnings were estimated at HK $ 543.19 million and around HK $ 535 million, respectively. The company plans to spend around HK $ 198 million in income on IT expenses, including developing and upgrading technology for digital exchanges and legacy platform activities. In the latest news, BC Technology Group and Standard Chartered have teamed up to form an integrated digital asset trading platform.

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