Huobi Global has completed the formal equity transfer, and the merger and acquisition fund under Baiyu Capital has become the new actual controller

2022-10-08 07:22:14

Collection

Chain Catcher News, the cryptocurrency trading platform Huobi Global announced that the controlling shareholder of Huobi Global has transferred all of its shares in Huobi Global to a fund under About Capital Management, making About Capital's merger fund the largest shareholder and actual controller of Huobi Global.

The transaction has been approved by the Huobi board and has been officially completed, with the formal transfer of equity and business now finalized. The official statement indicates that this transaction only involves a change in the controlling shareholder and will not affect the existing core management and operational team.

The official website shows that Hong Kong About Capital Management is an asset management company founded by Chen Yihua in 2013. He is also a partner at Jinglin Asset and holds an MBA from the Australian Graduate School of Management. It is reported that the company has a fund called "Asian Special Opportunities Fund," which manages assets of $200 million. (source link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.