Ant International Completes Subscription of Huaxia RMB Digital Currency Fund

PANews October 16 news: Ant International and ChinaAMC (Hong Kong) jointly announced that Ant International has recently completed the subscription of the ChinaAMC RMB Digital Money Market Fund, which has been included in Ant International's treasury allocation. This fund transfer was initiated by Ant International at China Construction Bank Shanghai Pudong Branch, with digital RMB assets transferred in real time from Shanghai to Hong Kong, and then transferred to the relevant account at Standard Chartered Bank (Hong Kong), and the fund subscription was completed in offshore RMB. This operation thereby achieved full-chain connectivity of "cross-border digital RMB transfer + offshore RMB asset investment."