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Industry Experts Caution: Short-Term Speculation Heats Up Stablecoin Concept Stocks, Highlighting Risks of Correction
5 day ago /
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Author：小编
Several Hong Kong-listed companies have witnessed substantial surges in their share prices, fueled by their association with the "stablecoin concept." Notably, Puxing Energy experienced an intraday surge of over 280% following its subscription of Series A preferred shares issued by HashKey Holdings. Similarly, Delin Holdings also recorded a notable share price increase as it announced plans to tokenize assets worth up to HK$500 million. However, industry insiders have sounded the alarm, urging investors to remain vigilant against the potential risks of correction associated with the excessive heat generated by short-term speculation in these stablecoin concept stocks.
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