China’s largest financial institution, China Construction Bank Corporation (9618.HK), has recently announced its financial results for the first half of 2021. The company’s net profit has increased by 2.3% compared to the same period last year, reaching 154.2 billion yuan (approximately 23.8 billion US dollars). This marks the highest first-half profit in the company’s history.\n\nThe company’s total assets have also seen a significant increase, reaching 30.6 trillion yuan (approximately 4.7 trillion US dollars), a 7.5% increase from the end of 2020. Its total deposits have also increased by 8.6%, reaching 21.9 trillion yuan (approximately 3.4 trillion US dollars). \n\n the ongoing pandemic, China Construction Bank has continued to expand its business and improve its services. The company has opened 1,000 new branches and upgraded over 2,000 existing ones, bringing the total number of branches to 16,000. It has also launched a new online platform, CCB Wealth Management, to provide customers with more convenient and personalized financial services.\n\nIn addition to its strong financial performance, China Construction Bank has also been recognized for its efforts in promoting sustainable development. The company has been included in the Dow Jones Sustainability Index for the 13th consecutive year, ranking first among Chinese banks. It has also been named as one of the Global 100 Most Sustainable Corporations by Corporate Knights, a Canadian media and research company.\n\nThe company’s success can be attributed to its strong commitment to innovation and customer-centric approach. Its focus on digital transformation and sustainable development has allowed it to adapt to the changing market conditions and meet the evolving needs of its customers. As the world continues to recover from the pandemic, China Construction Bank is well-positioned to continue its growth and contribute to the country’s economic development.\n\nIn a China Construction Bank Corporation (9618.HK) has reported strong financial results for the first half of 2021, with a 2.3% increase in net profit and a 7.5% increase in total assets.

Ukraine Utilizes Cryptocurrency Donations for Military Equipment Amidst Ongoing Conflict\n\nThe ongoing conflict between Ukraine and Russia has led to a dire need for military equipment in Ukraine. In response, the Ukrainian government has turned to cryptocurrency donations to quickly and efficiently acquire essential combat supplies.\n\nAccording to Ukrainian deputy digital minister Alex Bornyakov, around 60% of suppliers have been able to accept cryptocurrency as payment for items such as helmets and bulletproof vests. This has allowed for a swift and effective response to the urgent need for military equipment.\n\nThe use of cryptocurrency donations began in February 2022, just two days after the war broke out. The Ukrainian government's Twitter accounts posted requests for donations in bitcoin, ethereum, and the USDT stablecoin. Since then, more than 100,000 people have sent crypto to Ukraine, with some donations coming from Russians.\n\nBornyakov described the donations as varying from one dollar's worth, to millions of dollars. He also noted that even companies manufacturing goods like bulletproof vests and helmets have been able to receive crypto as payment.\n\nThe success of the Crypto Fund Aid For Ukraine initiative, which is powered by Ukraine-based crypto platform Kuna and blockchain company Everstake, has been a significant factor in the acquisition of military equipment. Bornyakov praised the initiative for its efficiency and speed in accessing funds through crypto.\n\nIn addition to bitcoin, ethereum, and USDT, Ukraine has also received donations in other cryptocurrencies such as cardano, solana, polkadot, and the USDC stablecoin. These donations have allowed for the purchase of medical kits, rifle scopes, optical sights, and thermal imagers, as reported by Ukraine's vice-prime minister Mykhailo Fedorov.\n\nThe use of cryptocurrency donations has proven to be faster and more efficient than traditional financial systems, allowing for a swift response to the urgent need for military equipment. As the conflict between Ukraine and Russia continues, the country's use of cryptocurrency donations highlights its resilience and adaptability in the face of adversity.\n\n