Yuan Fees for Ships to Pass Hormuz Boost Chinese Payment Stocks
Shares of Chinese companies that offer cross-border payments rose, after the commerce ministry noted that the yuan is being used to pay tolls for passage through the Strait of Hormuz.
By Jing Jin · Bloomberg Markets
Shares of Chinese companies that offer cross-border payments rose, after the commerce ministry noted that the yuan is being used to pay tolls for passage through the Strait of Hormuz.