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Hao Tian International Construction Investment Group Limited ( (HK:1341) ) has shared an announcement.
Hao Tian International Construction Investment Group Limited has announced a change in the use of its remaining proceeds from a previous share placement. Initially intended for the development of an internet data center in Malaysia, the funds will now be redirected towards purchasing Ether (ETH), a cryptocurrency. This decision is influenced by the current economic environment and the growing adoption of blockchain technology, with expectations of increased cryptocurrency trading volumes. The company remains open to revisiting the internet data center project if conditions improve.
More about Hao Tian International Construction Investment Group Limited
Hao Tian International Construction Investment Group Limited is a company incorporated in the Cayman Islands, focusing on construction investment. The company operates with a group of subsidiaries and is involved in various investment activities.
Average Trading Volume: 1,024,299,024
Technical Sentiment Signal: Sell
Current Market Cap: HK$2.07B
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