Crypto miner Canaan lets $400m Hong Kong IPO application lapse

Crypto miner Canaan lets $400m Hong Kong IPO application lapse

Photo: Canaan's Twitter account

Canaan Inc, one of the world’s leading cryptocurrency mining equipment makers, has let its application for a Hong Kong IPO of at least $400 million lapse, casting doubt on the prospects for other Chinese makers of bitcoin mining gear.

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