Hong Kong fintech company K Cash plans to raise 281.8 million yuan to join the blockchain platform Riverchain

ChainCatcher news, according to Hong Kong 01, Hong Kong fintech company K Cash has announced its plan to list on the main board of the Hong Kong Stock Exchange, intending to raise up to HKD 281.8 million by offering 125 million shares on November 27. K Cash will become the first company to be listed using the Hong Kong Stock Exchange's new stock settlement platform (FINI).

In addition, K Cash's Chairman and CEO Li Gengtai revealed that K Cash has established a cooperation agreement with River Square, a wholly-owned subsidiary of New World, intending to join its blockchain platform Riverchain and will be operational by the end of this year.