According to ChainCatcher, the Hong Kong-listed company Easy Communication released its 2024 interim report, which disclosed that Easy Communication has purchased shares of Hong Kong Virtual Asset Exchange Limited ("VAX") for HK$12.9 million and invested in VAX.
VAX is a non-listed company and is currently applying to the Hong Kong Securities and Futures Commission for a license to conduct Category 1 (securities trading) and Category 7 (providing automated trading services) regulated activities under the Securities and Futures Ordinance to regulate Hong Kong virtual asset trading platforms. As of June 30, 2024, Easy Communication Group held 165,385 shares with a book value of approximately HK$1,543,000.