HONG KONG -- China's Bitmain Technologies Holding and Ebang International Holding, the two largest bitcoin mining equipment makers in the world, are widely expected to follow peers in delaying planned floats on the Hong Kong stock market, analysts warn, as regulatory headwinds and market volatility have disrupted plans by crypto-related companies to sell shares.
Canaan, another leading Chinese bitcoin mining equipment maker, let its application for an initial public offering lapse on Thursday, when the company's filing -- first submitted in May -- surpassed its six-month lifespan, according to the Hong Kong Stock Exchange.
