BEIJING (Reuters) - China’s President Xi Jinping said the country should accelerate the development of blockchain technology as the core for innovation.
He made the comments at a study session of the Politburo held on Thursday but this was reported this morning.
"A" share listed companies that are involved in BlockChain Technology hit the 10% daily limit within minutes of the opening of the stock exchange today.
Back in May AGTech won a national contract to implement BlockChain Technology to all of Welfare Lottery games. It won't be long till Chinese investors make the connection between Alibaba-AGTech-Chinese Lottery-Blockchain Technology.
Disclosure: I am/we are long AGTEF.