Canaan Inc - ADR


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Next Event

Q4 2021 Canaan Inc Earnings Release

Latest Developments


Canaan Inc Reports Q3 Diluted EPS US$0.41

Canaan Announces Up To $20 Mln New Share Repurchase Program

Canaan Says Q2 Revenue Rose 507.3% To RMB 1.082 Billion


About Canaan Inc - ADR

Canaan Inc provides supercomputing solutions through proprietary high-performance computing ASICs (Application Specific Integrated Circuit). The Company provides a holistic AI (Artificial Intelligence) solution to customers, including AI chips, algorithm development and optimization, hardware module, end-product and software services.


Computer Hardware

Contact Info

1-2/F,Qianfang Science Bldg C,Bldg No.27

Hangzhou, ZHJ




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Latest News

Latest News

Cryptocurrency exchanges scramble to drop Chinese users after Beijing's ban

Beijing's new blanket ban on all cryptocurrency trading and mining - the broadest yet by a major economy - has sent crypto exchanges and service providers scrambling to sever business ties with mainland Chinese clients.

Bitcoin miner Genesis Digital Assets raises $431 million in fresh capital

Bitcoin mining company Genesis Digital Assets said on Tuesday it had raised $431 million in a funding round led by crypto-focused investment firm Paradigm, taking advantage of rising investor interest in the cryptocurrency sector.

Mining rig maker Canaan argues against wholesale crackdown on bitcoin mining in China

A major Chinese maker of bitcoin mining machines argued against an indiscriminate crackdown on cryptocurrency mining in China, saying the business helps make better use of electricity and contributes to employment and the local economy.

China's crypto crackdown speeds shift to central Asia, North America mining

A crackdown by Beijing is rapidly accelerating a shift in focus by makers of machines that 'mine' cryptocurrencies like bitcoin from China to North America and Central Asia as Chinese clients face an uncertain future.

China vows to crack down on bitcoin mining, trading activities

China will crack down on bitcoin mining and trading activities as part of efforts to fend off financial risks, the State Council's Financial Stability and Development Committee said on Friday.

China's capital probes cryptocurrency mining -sources

The Chinese capital city of Beijing is conducting a check on data centres involved in cryptocurrency mining to better understand their impact on energy consumption, according to sources and a document seen by Reuters.

Bitcoin mania triggers fundraising rush by Chinese players

Bitcoin mania has fuelled a surge in fundraising by Chinese companies seeking to expand their cryptocurrency operations or move into the red-hot sector.

Breakingviews - Capital Calls: China digs bitcoin hole

Concise insights on global finance in the Covid-19 era.

China's Lufax seeks U.S. IPO as early as this year: sources

Lufax, one of China's largest online wealth management platforms backed by financial giant Ping An Insurance Group <2318.HK> <601318.SS>, is seeking a U.S. initial public offering as early as this year, people with direct knowledge told Reuters.

BRIEF-Northern Data And Canaan Inc Announce Cooperation On Blockchain-Technology And AI

* NORTHERN DATA AND CANAAN INC ANNOUNCE COOPERATION ON BLOCKCHAIN-TECHNOLOGY AND AI Source text for Eikon: Further company coverage: (Gdansk Newsroom)

Crypto asset manager sees bitcoin mining shift from China to North America

The world's biggest cryptocurrency asset manager said on Tuesday it was seeing efforts to shift bitcoin production to North America from China, which dominates digital coin mining.

Citi, Credit Suisse drop China's Ucommune U.S. IPO over valuation -sources

Citigroup Inc <C.N> and Credit Suisse Group AG <CSGN.S> have dropped out of the U.S. initial public offering of Chinese shared workspace provider Ucommune, baulking at its desired valuation, two people with direct knowledge of the matter said.

China's bitcoin miners scoop up greater production power -research

China's bitcoin miners now control two-thirds of the crypto network's processing power, research showed on Wednesday, a growing share that is likely to benefit the country's miners.

With hashes and hedges, power-hungry crypto miners court investors

The old image of bitcoin miners is of young techies in their bedrooms, hunched over laptops that solve maths puzzles to earn new coins. Now they're more likely to be savvy startups with ultra-high-speed chips and massive, power-guzzling machines.

IFR US ECM Weekly Wrap-up

WEEKLY TOTAL $9.6bn – IPO $993m – ABB/BLOCK $6.3bn – FOLLOW-ON $1.65bn – CB $705m Monday

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.