Chow Tai Fook's Co-CEO Zheng Zhiming clarified: The board currently has no plans to develop Digital Money or stablecoin.
According to Ha Shi Chain News and Aastocks report, Zheng Zhigang, who resigned as CEO of New World Development last September, recently announced the establishment of a new company "Shanghai Cooperation Development" aimed at expanding the Digital Money and virtual asset sector. After the performance summary press conference, Zheng Zhiming, Executive Director and Co-CEO of Chow Tai Fook, stated that "Shanghai Cooperation Development is Zheng Zhigang's private investment," and clarified that Chow Tai Fook's board has no plans to develop Digital Money or stablecoins.
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Chow Tai Fook's Co-CEO Zheng Zhiming clarified: The board currently has no plans to develop Digital Money or stablecoin.
According to Ha Shi Chain News and Aastocks report, Zheng Zhigang, who resigned as CEO of New World Development last September, recently announced the establishment of a new company "Shanghai Cooperation Development" aimed at expanding the Digital Money and virtual asset sector. After the performance summary press conference, Zheng Zhiming, Executive Director and Co-CEO of Chow Tai Fook, stated that "Shanghai Cooperation Development is Zheng Zhigang's private investment," and clarified that Chow Tai Fook's board has no plans to develop Digital Money or stablecoins.
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