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.
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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