China New City (01321.HK) saw its stock price rise by over 8% on September 16 following the announcement of a partnership with EX.IO. The collaboration aims to launch a Real World Asset (RWA) project focused on commercial real estate, utilizing blockchain technology to improve management and investment processes.
This strategic move underscores the increasing trend of integrating digital solutions into traditional industries, as companies seek to enhance efficiency and transparency in real estate through innovative technologies.
China New City Shares Jump 8% on EX.IO Partnership for Blockchain Real Estate Project
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.