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Hong Kong stocks stablecoin concept surges in early trading

Summary: According to Jinshi data, the stablecoin concept in Hong Kong stocks surged in early trading, with King Yung Investment (01328.HK) rising over 30%, surpassing a market value of 2.5 billion Hong Kong dollars; Guotai Junan International (01788.HK) rose over 7%, OLS Group (00863.HK) rose over 5%, and stocks such as China Everbright Holdings (00165.HK) and ...

According to Jinshi data, the stablecoin concept in Hong Kong stocks surged in early trading, with King Yung Investment (01328.HK) rising over 30%, surpassing a market value of 2.5 billion Hong Kong dollars; Guotai Junan International (01788.HK) rose over 7%, OLS Group (00863.HK) rose over 5%, and stocks such as China Everbright Holdings (00165.HK) and Delin Holdings (01709.HK) followed suit. Recently, the Shanghai State-owned Assets Supervision and Administration Commission held a central group study meeting on the development trends and response strategies for cryptocurrencies and stablecoins.

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