Stock Prices of Major Chinese Companies Now Available in Web3 Ecosystem

Coinspaidmedia2025/07/31 00:45

By:Coinspaidmedia

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The Pyth Network team launched an on-chain tool that enables real-time tracking of stock prices for 85 of the largest companies listed on the Hong Kong Stock Exchange. The data is recorded across more than 100 blockchains.

Stock Prices of Major Chinese Companies Now Available in Web3 Ecosystem image 0

Decentralized oracle network Pyth Network launched on-chain data feeds featuring stock prices of 85 major Chinese companies included in the Hang Seng Index. The combined market cap of these assets is approximately $5 trillion.

On-chain price feeds are automated feeds of market data published directly on blockchains, ensuring transparency, instant access, and seamless integration into smart contracts and decentralized applications.

The Pyth Network tool reads and records stock price changes for banks, insurance companies, energy corporations, and tech giants from China that are traded on the Hong Kong Stock Exchange. Data is sourced directly from institutional trading venues and is available in real time, enabling integration into trading strategies, structured products, tokenized portfolios, and FinTech services for both retail and institutional users.

According to Pyth Network, the price feeds update every 400 milliseconds and are broadcast across more than 100 blockchain ecosystems, including major EVM networks such as Ethereum, BNB Chain, Avalanche, and others. Previously, access to this data was limited to paid services or companies holding regional licenses.

Overall, the network currently supports over 1,300 price feeds across various asset classes. The data can be used in both on-chain applications and off-chain infrastructure.

For more information about blockchain oracles, how they work, and their role in the Web3 ecosystem, see the special material by CP Media.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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