经典文章，引用恰当，老祖宗的文化底蕴深厚

Recently, JD has made a high-profile stablecoin issuance in Hong Kong, while also boldly entering the fiercely competitive takeaway market. If this is only seen as ordinary business expansion, it would overlook the underlying significance. A closer look at its layout reveals a 'cornered beast still fighting', and also a 'fight with its back against the wall'.
First, let’s talk about issuing stablecoins. On the surface, JD is waving the banner of 'technological innovation and convenience in cross-border payments', but in fact, there are three deeper meanings.
Firstly, to open up the bloodline of overseas capital. In recent years, mainland internet giants have been under pressure, with financing channels tightening. Hong Kong, as an international financial center, is a natural springboard for JD to save itself through a backdoor listing. Issuing stablecoins is akin to laying down an underground pipeline for itself, bypassing the shackles of traditional capital flows.