Stablecoin Concept Experiences Partial Revival, Zhengyuan Zhihui Jumps Over 10%
2 week ago / Read about 0 minute
Author:小编   

Effective August 1, the Hong Kong Monetary Authority will commence accepting applications for stablecoin licenses, with the objective of safeguarding monetary and financial stability, and reinforcing Hong Kong's position as a prominent international financial center. This development has sparked a partial resurgence in stocks associated with the stablecoin concept. Notably, Zhengyuan Zhihui witnessed a surge exceeding 10%, while Jingbeifang and Feilixin also recorded gains of over 7%. Additionally, companies such as Hengbao, Eastcom Peace, SunFour Tech, and GCL Energy Technology recorded positive movements, echoing the broader trend.