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Concept stocks related to the countdown to Hong Kong's stablecoin issuance shine

Internet reports that as Hong Kong's "Stabilizing Coin Ordinance" will officially take effect on August 1, the issuance of stablecoins has entered a "countdown" stage, and the market's attention to this field continues to rise. In this context, stablecoin concept stocks in the Hong Kong and A-share markets have recently shined. Not only have many stocks with astonishing increases emerged, but there are even "10 times bull stocks". Brokers analysis believes that the regulatory framework for stablecoins will be further clarified, and compliance will become the core booster for the development of the stablecoins industry. The development of stablecoins is expected to inject new impetus into the internationalization of the RMB, and the popularity of relevant sectors may continue. (Securities Times)

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