China’s plan to introduce its digital currency is getting a lot of help from its tech conglomerates.
JD.com, a major Chinese online retailer that competes with Alibaba, said Monday that it has started paying some staff in digital yuan (since January), the virtual version of the country’s physical currency.
The stock has huge potential growth and seems more aligned with the government than other Chinese tech giants.
The stock looks undervalued given its expectations, what do you think?
