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Category JD.com

Local price wars eat into Chinese e-commerce giants' profits

Local price wars eat into Chinese e-commerce giants' profits

China’s biggest internet platforms are embroiled in a costly fight to dominate the “instant retail” market, the rapidly expanding business of getti...
Shanghai regulator eyes a yuan-based stablecoin

Shanghai regulator eyes a yuan-based stablecoin

A Shanghai regulator reportedly held a rare meeting on stablecoins and cryptocurrencies. This comes in when the crypto market is printing green ind...
JD.com, Ant Group Push for Yuan-Based Stablecoins to Counter Dollar Rule: Reuters

JD.com, Ant Group Push for Yuan-Based Stablecoins to Counter Dollar Rule: Reuters

They propose launching stablecoins in Hong Kong backed by the offshore yuan, aiming to boost the Chinese currency's global role
Chinese tech giants continue to push for greenlight on yuan-pegged stablecoin

Chinese tech giants continue to push for greenlight on yuan-pegged stablecoin

JD.com and Ant want to establish stablecoins in Hong Kong that are pegged to China’s offshore yuan.
Investors turn to stocks to gain exposure despite China's crypto ban

Investors turn to stocks to gain exposure despite China's crypto ban

Mainland investors in China are flooding into Hong Kong’s equity markets to sidestep Beijing’s crypto ban, using stocks as a backdoor into the digi...