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At the time of publication, the digital currency sector witnessed a continued upswing in afternoon trading, with notable stocks like Jingbeifang and Zhongke Jincai reaching their daily trading limits. Prior to this, stocks such as Sunfong, Xiongdi Technology, Hengbao, and Hailian Jinhui had already hit their daily limits, while other stocks including Lakala, Newland Payment, Ubox, Feitian Xinchen, and Chuangshi Technology recorded gains exceeding 10%. On the legislative front, the Hong Kong Legislative Council formally approved the "Stablecoin Bill" on its third reading on May 21. Buoyed by this positive development, digital currency-related stocks listed in Hong Kong exhibited robust performance, with ZhongAn Online's gains expanding to 36% in the afternoon, bringing its cumulative monthly gains to over 90%.
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