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In the morning session, Jinyong Investment's share price witnessed a remarkable surge of 111.06%, closing at HK$4.20. The company has announced the signing of a strategic cooperation memorandum with AnchorX, setting the stage for collaborative ventures in cross-border payments, trade settlement, the development of digital asset trading platforms, and blockchain technology investments. This partnership aims to harness AnchorX's advanced distributed ledger technology and robust cybersecurity measures to introduce AxCNH, a stablecoin pegged to the offshore Renminbi. The objectives of this initiative include minimizing transaction costs, accelerating the internationalization of the Renminbi, capitalizing on the booming cryptocurrency market, and further solidifying Jinyong Investment's market presence.
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