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(Yicai Global) Oct. 29 -- The share price of Eternal Asia Supply Chain Management has jumped after Ant Financial Services Group said that it and Zhongrong International Trust have teamed up with the Chinese outsourcing firm to launch a CNY250 million (USD35.4 million) chattel mortgage business based on blockchain.
Eternal Asia's [SHE: 002183] shares climbed by the daily limit of 10 percent to CNY4.90 (US 69 cents) this morning. Its market cap reached CNY8.79 billion (USD1.2 billion).
Editor: Emmi Laine