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A-share company Jingbeifang announces exploration of stablecoin opportunities, hits daily limit up, plans to upgrade Hong Kong business today

Summary: In breaking news, A-share listed company Jingbeifang announced that it will explore stablecoin business opportunities, stating that the stablecoin ecosystem construction is similar to the domestic digital RMB ecosystem construction. The company has previously participated in the system construction of digital RMB and digital Macau yuan, and currently has a localized delivery team for digital ...

In breaking news, A-share listed company Jingbeifang announced that it will explore stablecoin business opportunities, stating that the stablecoin ecosystem construction is similar to the domestic digital RMB ecosystem construction. The company has previously participated in the system construction of digital RMB and digital Macau yuan, and currently has a localized delivery team for digital currencies in the Greater Bay Area, working on optimizing and upgrading the delivery model for Hong Kong business. Possibly influenced by this news, Jingbeifang's stock price hit the daily limit up today at 10:34 am, reaching 20.03 yuan, with an increase of nearly 10%. (Securities Times)

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