Ant Group International Completes Subscription to Huaxia RMB Digital Currency Fund

Ant Group International has completed its subscription to the Huaxia RMB Digital Currency Fund and has included it in its treasury allocation. The fund transfer was initiated by Ant Group International at the Shanghai Pudong Branch of China Construction Bank, with digital RMB assets being transferred in real-time from Shanghai to Hong Kong, and finally deposited into the relevant accounts at Standard Chartered Bank (Hong Kong) to complete the fund subscription in offshore RMB, achieving a full-chain connection for cross-border transfer of digital RMB and investment in offshore RMB assets.

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