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Stablecoin Concept Momentum Builds, Hengsheng Electronics Reaches Daily Limit in Afternoon Trading
2 day ago /
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Author：小编
Stocks associated with the stablecoin concept gained momentum, with Hengsheng Electronics reaching its daily trading limit. SunFour Fintech saw a surge of nearly 15%, hitting an all-time high, while Hailian Jinhui, GCL System Integration Technology, and Eastcom Peace also touched their respective daily limits. Hong Kong's Financial Secretary, Paul Chan Mo-po, announced that upon the enactment of the "Stablecoin Ordinance," the Hong Kong Monetary Authority will expedite the processing of license applications.
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