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TechFlow news, on May 30, Xinhuo Technology Holdings Limited (1611.HK) announced the completion of its acquisition of BitTrade (formerly Huobi Japan). Following the acquisition, BitTrade has become an indirect subsidiary of Xinhuo Technology, and its financial results will be consolidated into Xinhuo Technology's financial statements. Xinhuo Technology has issued consideration shares to the relevant sellers to complete the transaction.
New Fire Technology Holdings Limited (1611.HK) announced the completion of its acquisition of BitTrade (formerly Huobi Japan). Upon completion of the acquisition, BitTrade has become an indirect subsidiary of New Fire Technology, and its financial results will be consolidated into New Fire Technology's financial statements. New Fire Technology has issued consideration shares to the relevant sellers to complete the transaction.
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