TechFlow, December 31 — According to a Hong Kong Stock Exchange announcement, ET Net, a Hong Kong-listed company under the family of Deng Chengbo, has sold a 6.8% equity stake in Hong Kong Virtual Asset Exchange (HKVAX) for HKD 15 million. The buyers are Lean Group and businessman Leung Tak-fai, who acquired approximately 3.8% and 3% stakes in HKVAX for HKD 8.4 million and HKD 6.6 million, respectively.
According to information from the Securities and Futures Commission of Hong Kong, HKVAX received its virtual asset trading platform license on October 3 this year, allowing it to conduct business operations or market its services to investors in Hong Kong.
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