HTX's Major Shareholder Completes Share Sale
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On October 8, 2022, the controlling shareholder of HTX, reached an agreement with About Capital Management (HK) Co., Limited (“About Capital”) to sell its entire shareholding in HTX. Upon completion of the transaction, the buyout vehicle of About Capital will control the majority stake in HTX. The transaction only involves the change of controlling shareholder and has no impact on HTX’s core operation and business management teams. According to About Capital, post transaction HTX will embrace a series of new international brand promotion and business expansion initiatives, including a global strategic advisory board led by leading industry figures, the injection of sufficient capital in margin and risk provision fund, as well as measures to further enhance competitiveness. Upon successful implementation of the initiatives, HTX will be well positioned to provide first-class trading and investment services to international investors.
Please note that HTX completed its exit from mainland China business on 31 Dec 2021, including the closure of all mainland China user accounts. Users of HTX from mainland China who have not completed their asset withdrawal can check and withdraw balance via www.huobi.info on PC following instructions.
HTX
October 8, 2022
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HTX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and HTX makes no recommendations or guarantees in respect of any digital asset, product, or promotion on HTX. Prices of digital assets are highly volatile and trading digital assets involves risk. Please read our Risk Reminder text here.
