Shares of Hong Kong-listed companies related to Ant Financial have surged dramatically, with Yunfeng Financial surging as much as 98% and currently up 53%. Meanwhile, Lion Dance Holdings saw an increase of nearly 15%, and Bright Smart Securities Financial rose over 12.5%. According to recent reports, Ant Group intends to apply for a stablecoin license in both Hong Kong and Singapore. The company's international business division plans to submit an application promptly following the implementation of Hong Kong's "Stablecoin Issuer System."