SHANGHAI :
China's Eternal Asia Shares Rally on Ant Financial Tie-Up for Blockchain Financing
Dou Shicong
DATE:  Oct 29 2019
/ SOURCE:  yicai
China's Eternal Asia Shares Rally on Ant Financial Tie-Up for Blockchain Financing China's Eternal Asia Shares Rally on Ant Financial Tie-Up for Blockchain Financing

(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 

Follow Yicai Global on
Keywords:   Eternal Asia,Ant Finance,Blockchain