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<div class="key-points-section"><b>Key Points:</b>
 <ul>
  <li>Huajian Medical halts $3 billion Ethereum plan for shareholder time.</li>
  <li>Shareholder approval delay suspends Huajian Medical crypto acquisition.</li>
  <li>Future ETH purchases will require public disclosure via HKEX.</li>
 </ul>
</div>
<p>Huajian Medical, a Hong Kong-listed firm, has paused its planned acquisition of Ethereum valued at up to 3 billion yuan, pending shareholder authorization.</p>
<p>This suspension underscores challenges in corporate cryptocurrency investments, affecting market transparency and influencing similar acquisitions in healthcare-focused enterprises.</p>
<h2 id="huajian-medical-awaits-shareholder-approval-for-crypto-plans">Huajian Medical Awaits Shareholder Approval for Crypto Plans</h2>
<p><strong>Huajian Medical</strong> has put its planned <strong>3 billion yuan acquisition</strong> of cryptocurrency, mainly <strong>Ethereum</strong>, on hold. This decision comes as the company navigates the requirements needed for obtaining <a href="https://www.chaincatcher.com/en/article/2216695" rel="noopener noreferrer nofollow">shareholder authorization</a>. The official statements indicate that the suspension is temporary, and future acquisitions will comply with <a href="https://www.weex.com/news/detail/hong-kong-stock-exchange-listed-company-concord-medical-services-holdings-has-announced-the-suspension-of-its-acquisition-of-a-cryptocurrency-firm-210656" rel="noopener noreferrer nofollow">Hong Kong Stock Exchange (HKEX) guidelines</a>.</p>
<p><strong>The suspension</strong> of the acquisition affects the company's strategic shift from its traditional medical technology and diagnostics business. Huajian Medical's integration of blockchain and AI technology marks a significant transformation. The eventual purchase of ETH will be disclosed under HKEX rules if it proceeds.</p>
<blockquote>
 **Huajian Medical Holdings Limited, Company Statement,** - "Huajian Medical stated that it needs additional time to obtain shareholder authorization and has temporarily suspended the significant acquisition. In the future, when it continues to purchase ETH (Ethereum) in the market, it will disclose it in accordance with the listing rules of the Stock Exchange, particularly Chapter 14, which requires the announcement of transactions."
</blockquote>
<h2 id="ethereum-price-data-amid-industry-scrutiny">Ethereum Price Data Amid Industry Scrutiny</h2>
<p style="background-color: #222222; color: #ffffff; padding: 10px; border-radius: 5px;"><strong>Did you know?</strong> Huajian Medical's plan marks one of the first large-scale attempts by a Hong Kong-listed healthcare corporation to diversify into digital assets, reflecting a broader trend of traditional businesses exploring blockchain technology.</p>
<p>Recent data from CoinMarketCap indicates Ethereum’s price is $3,900.92, with a market cap of $470.83 billion. The <strong>24-hour trading volume</strong> stands at $17.32 billion, a decrease of 48.92%. Ethereum's price has experienced a 1.17% rise in 24 hours, but declined 12.84% over the past 30 days.</p>
<figure class="wp-block-image aligncenter size-large"><a href="https://coincu.com/wp-content/uploads/2025/11/Ethereum-daily-chart-on-0702-UTC-on-November-2-2025file.jpeg" rel="noopener noreferrer nofollow"> <img src="https://coincu.com/wp-content/uploads/2025/11/Ethereum-daily-chart-on-0702-UTC-on-November-2-2025file.jpeg" alt="ethereum-daily-chart-1853"> </a>
 <figcaption>
  Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 07:02 UTC on November 2, 2025. <em>Source: <a href="https://coinmarketcap.com/currencies/ethereum/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap</a></em>
 </figcaption>
</figure>
<p><strong>The Coincu research team notes</strong> that the suspension exposes the challenges companies face in securitizing real-world assets on blockchain. Future <strong><a href="https://coincu.com/ethereum/ethereum-network-upgrades-impact/" rel="noopener noreferrer nofollow">regulatory landscapes</a></strong> may evolve as traditional corporations increasingly engage with cryptocurrency markets. The comprehensive implications for both technology adoption and financial practices remain an ongoing subject of industry analysis.</p>
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    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on<a href="https://coincu.com/" rel="noopener noreferrer nofollow"> this website</a> is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
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</figure> <a href="https://coincu.com/uncategorized/huajian-medical-crypto-acquisition-halt/" rel="noopener noreferrer nofollow">Read original article on coincu.com</a>

Huajian Medical Suspends $3 Billion Crypto Acquisition Plan

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