RATE Group | Shenzhen Stock Exchange Launches Index of Top 50 Blockchain Public Companies
73501
post-template-default,single,single-post,postid-73501,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Shenzhen Stock Exchange Launches Index of Top 50 Blockchain Public Companies

27 Dec Shenzhen Stock Exchange Launches Index of Top 50 Blockchain Public Companies

Posted at 08:14h in Bitcoin News by

[ad_1]

Shenzhen Stock Exchange Launches Index of Top 50 Blockchain Public Companies

The Shenzhen Stock Exchange has launched a blockchain index comprising 50 of the largest publicly listed companies with blockchain ventures by market capitalization. Blockchain-related stocks in China have been gaining value since President Xi Jinping openly advocated for the technology.

Also read: Regulatory Roundup – New US Crypto Bill, France’s 1st Approved ICO, Muslim Crypto

Blockchain Index Launch

China’s Shenzhen Stock Exchange (SZSE) announced Tuesday the launch of its blockchain index called the SZSE Blockchain 50 Index, or Blockchain 50 for short. It seeks to track the performance of the top 50 SZSE-listed companies with blockchain projects, sorted by average market capitalization over the past six months. On Dec. 24, its first day of trading, the index closed at 3,155.03 yuan ($450), up 1.15%.

Shenzhen Stock Exchange Launches Index of Top 50 Blockchain Public Companies

The Shenzhen Stock Exchange is one of the two stock exchanges operating independently in mainland China. Established on Dec. 1, 1990, the…

[ad_2]

Source link

Tags:
, , , , , , , , ,