China’s beauty app maker Meitu boasts first bitcoin and ether investment for a Hong Kong-listed company

Source: South China Morning PostChinese tech company Meitu, best known for its apps that let users make themselves look slimmer or fairer in their selfies, announced on Sunday that it bought US$22.1 million worth of ether and US$17.9 million worth of bitcoin, a move that its co-founder boasted as unprecedented for a Hong Kong-listed company. Meitu said the purchases were part of a cryptocurrency investment plan previously approved by the company’s board of directors, which allows it to make a net purchase of up to US$100…Read More

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