Hangzhou-based Lianlian DigiTech Co is listed on the Hong Kong stock exchange on March 28. [Photo/tidenews.com.cn]

The Hong Kong stock exchange welcomed a new stock on March 28 – that of Lianlian DigiTech Co, marking the first cross-border payment stock from Hangzhou to be listed on the exchange.

Founded in 2009, LianLian DigiTech is a leader in China when it comes to providing comprehensive payment solutions globally.

Global expansion and technological innovation are the keys to LianLian DigiTech's successful listing.

Data indicates that as of Sept 30, 2023, LianLian DigiTech has established a global licensing layout consisting of 64 payment licenses and related qualifications. It has served about 3.2 million merchants and enterprises in various industries such as e-commerce, services, and manufacturing. Its services cover over 100 countries and regions, and it supports transactions in more than 130 currencies.