Shares of Chinese firms facilitating cross-border payments, including CNPC Capital Co., Lakala Payment Co., and Shenzhen Forms Syntron Information Co., rose up to 10% on Friday, 3 April, after reports that China’s commerce ministry observed the yuan being used for toll payments through the Strait of Hormuz.CNPC Capital, the financial arm of China National Petroleum Corp., hit the 10% upper circuit in Shenzhen. Lakala rose as much as 7.9%, while fintech firm Shenzhen Forms Syntron gained 9.4% before paring gains.According to a Bloomberg report, China has been working towards the internationalisation of the yuan for some time, and its practical...