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CHINA EB LTD Continues to Be Speculated on Stablecoin Concept, Once Spikes ~12%, Logging ~7-mth High
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CHINA EB LTD (00165.HK) continued to be speculated this morning (4th) following a 15.5% increase at close yesterday (3rd). The stock opened 4.24% higher before its gain expanded in the morning session, and once spiked 11.8% to a high of $6.07, logging a nearly 7-month high. It last printed at $5.92, rallying 9.02%, with a trading volume of 47.4457 million shares, involving $271 million.

The world's second-largest stablecoin USDC issuer, Circle (CRCL.US), is set to list on the New York Stock Exchange (NYSE). According to a press release issued by CHINA EB LTD in June 2016, the Company, in collaboration with IDG Capital, invested in the leading global blockchain financial company Circle, becoming its significant strategic global shareholder.
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