As cryptocurrency mania pushed blockchain stocks to record breaking highs, China's equivalents are being left behind. — Reuters
China’s blockchain stocks are missing out on the cryptocurrency mania that has pushed their global peers to record highs.
A Bloomberg-curated basket of seven key Chinese A-share stocks with ties to the blockchain technology underpinning cryptocurrencies -- including Shenzhen Forms Syntron Information Co., Shenzhen Ysstech Info-Tech Co. and Brilliance Technology Co. -- has fallen about 16% so far this year, according to data compiled by Bloomberg.
That compares with a 36% rise in an Elwood Asset Management index tracking global blockchain-linked shares.
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