Huobi invests in a listed public firm

Huobi investment

Huobi Group has bought 199 million shares of Pantronics Holdings through the subsidiaries called Huobi Capital and Huobi Universal. Reportedly, the chairman of Huobi Group and controller of subsidiaries, Li Lin is the owner of 66.26% of Pantronics. The average price of each share purchased amount to HK$2.72 or $0.35, and the total amounts to $70 million.

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