According to PANews, an announcement from the Hong Kong Stock Exchange showed that Easy Communication, owned by Deng Chengbo's family, sold a 6.8% stake in the Hong Kong Virtual Asset Exchange (HKVAX) for HK$15 million.
The buyers were Jingyi Group and businessman Liang Dehui, who purchased approximately 3.8% and 3% of HKVAX's shares for HK$8.4 million and HK$6.6 million respectively.
According to information from the Hong Kong Securities and Futures Commission, HKVAX was issued a virtual asset trading platform license on October 3 this year, allowing it to operate business in Hong Kong or promote its services to Hong Kong investors.