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Digital Currency Sector Moves Significantly Higher Chu Tianlong Hits the Limit

jingji05 by jingji05
2025-06-11
in Stocks
Digital Currency Sector Moves Significantly Higher Chu Tianlong Hits the Limit
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China’s digital currency sector surged on Wednesday, with ​​Chu Tianlong (003040)​​, ​​New Beiyang (002376)​​, and ​​Nantian Information (000948)​​ soaring by the ​​10% daily limit​​. The rally extended to ​​Dongxin Heping (002017)​​, ​​Sifang Jingchuang (300468)​​, ​​Xiongdi Technology (300546)​​, ​​Hengbao Co. (002104)​​, and ​​Zhongke Jiangnan (301153)​​, reflecting heightened speculation around ​​China’s digital yuan (e-CNY) expansion​​.

The gains were fueled by ​​reports of new pilot programs​​ for cross-border e-CNY applications and ​​central bank guidance​​ to accelerate digital payment infrastructure. Analysts note ​​upcoming policy catalysts​​, including potential ​​e-CNY integration​​ with major retail platforms, are driving short-term momentum.

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While the sector’s rebound highlights ​​policy-driven optimism​​, sustainability depends on ​​concrete adoption metrics​​ and revenue contributions. Investors are focusing on firms with ​​verified contracts​​ in digital wallet and POS solutions.

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