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A-shares related to cross-border payment are broadly rising, with Global Infotech up over 10%.
On December 18, Gelonghu reported that Global Infotech rose over 10%, Shenzhen Sunline Tech, Feitian Technologies, and Digital China Information Service Group rose over 5%, while Qingdao Kingking Applied Chemistry, Jilin University Zhengyuan Information Technologies, CNPC Capital, and Client Service International, Inc. followed suit. In terms of news, UnionPay International cooperated with WeChat Pay to support Overseas UnionPay partner wallets to scan domestic WeChat Pay QR codes for payments.
Express News | Changliang Technology received an order from a major state-owned bank Xinchuang
Express News | Shenzhen Sunline Tech: Apply to bank of shanghai for a comprehensive credit line not exceeding 80 million yuan.
Express News | Shenzhen Sunline Tech won the bid for the asset and liability management system project of a provincial city commercial bank in a certain northeastern region.
Express News | shenzhen sunline tech: won the bid for the domestication project of the general ledger of a certain state-owned large bank.
Express News | Shenzhen Sunline Tech: won the bid for a nationwide joint-stock banks "Distributed Core Construction Project".