There was no official reason given for the decision, however, according to information from Fusang Exchange. Similarly, Ant Group cancelled its IPO just days before it was planned, due to “significant change” in the business environment.
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CCB Squashes Blockchain Digital Bond Plan with No Explanation
China Construction Bank is pulling its US$3 billion blockchain-based “digital bond programme” as technology companies are facing increasingly stiff resistance to their financial innovations. So reports the South China Morning Post.
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