Kingsoft said in a stock exchange announcement that a proposed spin-off could better reflect the value of Kingsoft Cloud and increase its operational and financial transparency. Photo: WeiboKingsoft said in a stock exchange announcement that a proposed spin-off could better reflect the value of Kingsoft Cloud and increase its operational and financial transparency. Photo: Weibo
Kingsoft said in a stock exchange announcement that a proposed spin-off could better reflect the value of Kingsoft Cloud and increase its operational and financial transparency. Photo: Weibo
Business /  Companies

Chinese firm Kingsoft’s cloud unit hopes blockchain business will benefit from launch of China’s sovereign digital currency

  • Executive says use of blockchain in business-to-business payments could support the PBOC’s digital currency
  • China’s central bank last year said it was ready to launch its own digital sovereign currency
Topic |   Blockchain
Georgina Lee
Georgina Lee

Updated: 10:58pm, 14 Jan, 2020

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Kingsoft said in a stock exchange announcement that a proposed spin-off could better reflect the value of Kingsoft Cloud and increase its operational and financial transparency. Photo: WeiboKingsoft said in a stock exchange announcement that a proposed spin-off could better reflect the value of Kingsoft Cloud and increase its operational and financial transparency. Photo: Weibo
Kingsoft said in a stock exchange announcement that a proposed spin-off could better reflect the value of Kingsoft Cloud and increase its operational and financial transparency. Photo: Weibo
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