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Yuanta Securities responds to rumors of Ant Group acquiring equity for virtual asset trading platform license application: Refer to official announcement
Summary: Contrary to rumors, Yuanta Securities, a Hong Kong-listed brokerage, Chairman Yip Maolin plans to sell all 50.55% of the company's equity to Ant Group. The company's CEO, Xu Yibin, responded that the transaction is progressing as planned and will disclose progress monthly as required. There are various rumors in the market, but it is emphasized ...
Contrary to rumors, Yuanta Securities, a Hong Kong-listed brokerage, Chairman Yip Maolin plans to sell all 50.55% of the company's equity to Ant Group. The company's CEO, Xu Yibin, responded that the transaction is progressing as planned and will disclose progress monthly as required. There are various rumors in the market, but it is emphasized that all should refer to the official announcement.
In addition, regarding rumors in the market that Ant's acquisition of Yuanta is for the purpose of applying for a virtual asset trading platform license, Xu Yibin added that the company and Ant are currently only in a tender offeror and offeree relationship, but are closely monitoring market developments and will conduct more research to consider upgrading the existing license to a virtual asset license. (Oriental Daily News)
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Link: Yuanta Securities responds to rumors of Ant Group acquiring equity for virtual asset trading platform license application: Refer to official announcement [Copy]
