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Stockreport

Beijing officials warm to the idea of a yuan stablecoin, driven by the ‘fear of missing out' [Fortune]

JD.com, Inc. - American Depositary Shares (JD)  More Company Research Source: Fortune
Last jd.com, inc. - american depositary shares earnings: 3/2 05:03 am Check Earnings Report
US:NASDAQ Investor Relations: ir.jd.com
This time, instead of gold and silver coins, corporate America is eager to issue their own stablecoins. The U.S.'s decision to embrace cryptocurrency through legislation like the GENIUS Act doesn't just matter domestically. Washington's move is placing pressure on countries around the world to signal their own stance on stablecoins and cryptocurrency. In recent months, financial officials and academics within China have spoken up on the need to at least consider authorizing stablecoins, which Zhiguo He, a professor of finance at Stanford University, says is motivated by the “fear of missing out.” And on Friday, the autonomous Chinese city of Hong Kong—which is betting on cryptocurrencies to bolster its status as a financial center—will start accepting applications for a Hong Kong-dollar backed stablecoin, potentially opening the door for a renminbi-backed token too. With the U.S. going all-in on crypto, Beijing now faces a difficult decision: Does it match the U.S.'s risky bet [Read more]
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Stockreport

Beijing officials warm to the idea of a yuan stablecoin, driven by the ‘fear of missing out' [Fortune]

JD.com, Inc. - American Depositary Shares  (JD) 
More Company Research Source: Fortune
Last jd.com, inc. - american depositary shares earnings: 3/2 05:03 am Check Earnings Report
US:NASDAQ Investor Relations: ir.jd.com
This time, instead of gold and silver coins, corporate America is eager to issue their own stablecoins. The U.S.'s decision to embrace cryptocurrency through legislation like the GENIUS Act doesn't just matter domestically. Washington's move is placing pressure on countries around the world to signal their own stance on stablecoins and cryptocurrency. In recent months, financial officials and academics within China have spoken up on the need to at least consider authorizing stablecoins, which Zhiguo He, a professor of finance at Stanford University, says is motivated by the “fear of missing out.” And on Friday, the autonomous Chinese city of Hong Kong—which is betting on cryptocurrencies to bolster its status as a financial center—will start accepting applications for a Hong Kong-dollar backed stablecoin, potentially opening the door for a renminbi-backed token too. With the U.S. going all-in on crypto, Beijing now faces a difficult decision: Does it match the U.S.'s risky bet [Read more]
IMPACT SNAPSHOT
EVENT TIME:
JD
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS