Chinese President Xi Jinping’s pro-blockchain comments were credited as the main reason behind the crypto market rally that has defied all expectations since last Friday. However, Xi’s remarks also benefited local tech firms. Shenzhen Tech Index Up to Highest Level in 8 Months On Monday, most of the tech companies traded in China, especially those betting on the distributed ledger technology (DLT), saw their stock price surging. The Shenzen tech index jumped 5.3% today, toRead MoreThe post China’s Blockchain, Tech Stocks Surge on Xi’s Comments appeared first on Bitcoinist.com.
