The New Continent's stock price has increased by 4.98% over the past 5 days, and its market value has risen to 32.634 billion yuan.

BlockBeats News, July 1st, the stock price of NewLand listed on the Shenzhen Stock Exchange main board has increased by 4.98% in the past 5 days, and its market value has risen to 32.634 billion yuan.

Prior to this, NewLand announced that its wholly-owned subsidiary, NovaPay US Inc., a fully-owned subsidiary of its holding subsidiary Hong Kong Star Delivery Payment Co., Ltd., has been established and has obtained an MSB license approved by FinCEN in the United States. NovaPay US Inc. has a registered capital of 1 US dollar and its business scope includes currency exchange or transfer, including currency exchange and international remittance services.

The company's acquisition of the U.S. MSB license aims to provide a legal access qualification for conducting cross-border fund business, covering scenarios such as currency exchange, remittance, and cryptocurrency transactions, and to provide infrastructure for connecting with global mainstream financial institutions.