In the afternoon session, Hong Kong-listed stocks associated with Alibaba witnessed a significant uptick, led by Yunfeng Financial, which soared by over 80%. Alibaba Health also registered a 3.5% gain, while Bright Smart Securities Finance climbed nearly 14%. In response to the upcoming Stablecoin Ordinance in Hong Kong, Ant International announced its intention to submit an application for a stablecoin license at the earliest opportunity after the legislation takes effect.