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GUOTAI JUNAN I/ YUNFENG FIN Spike 45%/ ~18%; 1st Batch of Stablecoin Issuers to Be Announced This Afternoon
Recommend 107 Positive 168 Negative 103 |
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The HSI last printed at 25,881, up 129 points or 0.5%, with turnover of HKD150.1 billion. The Hong Kong Monetary Authority will hold a technical briefing on stablecoin issuers at 5pm today (10th), and the licensed stablecoin issuers will meet the media. Benefiting from the market's favor toward financial stocks expected to receive the first batch of licenses, GUOTAI JUNAN I (01788.HK) surged to a peak of HKD3.54 after midday. It last traded at HKD3.51, up 45.04%, with a volume soaring to 751 million shares, involving HKD2.327 billion. YUNFENG FIN (00376.HK) was last at HKD3.37, up 17.83%, with a volume of 15.7131 million shares, involving HKD49.3424 million. BRIGHT SMART (01428.HK) and CMSC (06099.HK) rose by about 5-6%. Licensed cryptocurrency trading platforms OSL GROUP (00863.HK) and HASHKEY HLDGS (03887.HK) leaped by 4.9-6.8%. Market rumors also said at least two note-issuing banks, likely HSBC and Standard Chartered, are among institutions set to receive the first batch of stablecoin issuer licenses. HSBC HOLDINGS (00005.HK) and STANCHART (02888.HK) last grew by 0.7% and 1.6%, respectively. Auto-translated by AI AASTOCKS Financial News |
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