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BC Technology Group Adjusts Strategy Amid Regulatory Changes

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BC Technology Group Adjusts Strategy Amid Regulatory Changes

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BC Technology Group Limited ( (HK:0863) ) just unveiled an announcement.

BC Technology Group Limited, through its subsidiary OSL Group Limited, is involved in the digital assets and blockchain platform industry. The company has recently completed acquisitions in Europe, making Lithuanian and Canadian subsidiaries wholly-owned. However, due to new regulations in Lithuania affecting digital asset operations, the timeline for further completion is uncertain. To address this, the company has restructured its acquisition strategy, terminating the sale of one Lithuanian subsidiary while transferring its customer agreements to an Italian subsidiary, ensuring continuity in operations.

More about BC Technology Group Limited

YTD Price Performance: 22.75%

Average Trading Volume: 1,803,175

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$6.15B

Learn more about 0863 stock on TipRanks’ Stock Analysis page.

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