📌 Huajian Medical Suspends $3 Billion Crypto Acquisition Plan – Huajian Medical halts $3 billion Ethereum purchase, citing need for shareholder approval via HKEX.
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Huajian Medical has suspended a planned $3 billion purchase of Ethereum, saying the deal requires shareholder approval under HKEX rules before it can proceed. The company said it will pause execution and make further disclosures to the Hong Kong exchange while seeking the necessary approvals. Analysts view the halt as a sign of regulatory and governance caution around large crypto allocations.
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