Banking Relationship

It is reported that Meitu announced at the Hong Kong Stock Exchange that the Group has not held any bank accounts or funds in Silicon Valley banks since 2020, nor has the Group had any current or ongoing banking relationship with Silicon Valley banks.   Interpretation of this information: Meitu, a Chinese technology company, made an announcement at the Hong Kong Stock Exchange indicating the company’s lack of any banking relationship with Silicon Valley banks. The announcement revealed that the group had not held any bank accounts or funds in…

According to reports, in response to the foreign media report that “JPMorgan Chase terminated its banking relationship with Gemini”, Gemini responded on the official Twitter that Gemini still maintained a banking relationship with JPMorgan Chase. Interpretation of this information: The news that JPMorgan Chase has severed ties with cryptocurrency exchange Gemini had stirred up some buzz in the financial world. However, this speculation now seems to be refuted by Gemini stating that they have not lost their banking relationship with the prestigious banking institution. This revelation was made through their…