Those looking to invest in Shenzhen’s biggest blockchain companies now have a new option.
CoinTelegraph, citing an announcement by the Shenzhen Stock Exchange (SSE), said that the SSE has launched an index tracking some of the region’s blockchain firms.
The index, which was announced on December 24, follows 50 blockchain companies listed on the SSE. The stocks will be ranked based on average six-month daily market value and the index itself will be updated twice a year.
Prior to launching the index, the SSE, hilariously, “made sure that the companies involved are actually using the technology.”
As we previously reported, less than 10% of Chinese “blockchain” companies actually use the technology.
Photo: 千里走单骑
