Chinese fintech stocks drop during morning trading on Wednesday

Chinese fintech stocks declined Wednesday morning. Futu dropped 5.81% after Moomoo announced digital asset integration with CROSSx. Webull fell 19.16% due to national security concerns linked to the Chinese government. Other declines included UP Fintech (-3.32%), Lufax (-2.30%), Future FinTech (-1.91%), FinVolution (-1.66%), and Qfin Holdings (-1.57%).

Source: businessinsider The copyright of this article belongs to the original author/organization.

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