Brief: Meitu Says Since Cryptocurrencies Acquisitions, Group Has Neither Acquired Nor Sold Any

Meitu

06/07/2021 16:05

July 6 (Reuters) - Meitu Inc  1357.HK :
    * MEITU INC - SINCE CRYPTOCURRENCIES ACQUISITIONS, GROUP HAS
NEITHER ACQUIRED NOR SOLD ANY CRYPTOCURRENCIES UNDER
CRYPTOCURRENCY INVESTMENT PLAN
    * MEITU INC -  FAIR VALUES OF ACQUIRED ETHER AND ACQUIRED
BITCOIN
ARE ABOUT US$72.4 MILLION AND US$32.8 MILLION, RESPECTIVELY
    * MEITU INC - CURRENTLY NO PLANS TO SELL THOSE
CRYPTOCURRENCIES IN
NEAR FUTURE
    * MEITU INC - DECREASE IN FAIR VALUE OF ACQUIRED BITCOIN AS
AT
JUNE 30 OF US$17.3 MILLION EXPECTED TO BE RECOGNISED AS
IMPAIRMENT LOSS IN INTERIM RESULTS


Further company coverage:  1357.HK 

 ((Reuters.Briefs@thomsonreuters.com;))