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Easycom, owned by Deng Chengbo's family, sells 6.8% stake in Hong Kong Virtual Asset Exchange for HK $15 million

On December 31st, according to the announcement of the Hong Kong Stock Exchange, Easy Communication, a Hong Kong-listed company of Deng Chengbo's family, sold 6.8% of the Hong Kong Virtual Asset Exchange (HKVAX) for HK $15 million. The buyer was Lean Group and businessperson Leung Tak Fai, who purchased about 3.8% and 3% of the shares of HKVAX for HK $8.40 million and HK $6.60 million respectively. According to the Hong Kong Securities Supervision Commission, HKVAX has been 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.