LIANLIAN (02598) Rises Nearly 5% as Its LianLian International Showcases One-Stop Cross-Border Payment Solution at CIIE

Stock News
Nov 11

LIANLIAN (02598) surged nearly 5%, reaching HK$8.43 by the time of writing, with a trading volume of HK$20.91 million. The uptick follows the company's participation in the 8th China International Import Expo (CIIE), where its subsidiary LianLian International unveiled a comprehensive cross-border payment solution aimed at enhancing global trade efficiency.

To address challenges faced by overseas merchants sourcing goods from China, LianLian International partnered with LooperBuy and 1688.com. Leveraging its global payment network, the collaboration enables LooperBuy's overseas merchants to pay suppliers in their local currencies, streamlining procurement processes.

The newly introduced global sourcing solution caters to diverse buyer segments, including e-commerce platforms, dropshippers, and offline retailers. It offers end-to-end services—from product sourcing and order placement to foreign currency payments, logistics, and after-sales support—effectively resolving B2B procurement pain points for international businesses.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10