According to Techub News, 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.
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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.
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As of June 30, 2024, Easy Communication Group held 165,385 shares with a book value of approximately HK$1,543,000. Â
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