According to online reports, Hong Kong stocks of Ant Financial Services have surged. Among them, Yunfeng Financial once surged 98% in intraday trading and rose 48% as of press time; Yaocai Securities Financial rose more than 10%. On the news front, Ant International responded to the "Science and Technology Innovation Board Daily" news that Ant International will apply for stablecin licenses in China Hong Kong and Singapore, saying that Ant International is accelerating investment and expanding cooperation in global treasury management, and investing AI, blockchain and stablecin innovations into real and reliable large-scale applications. The Hong Kong Legislative Council is welcome to pass the "Stable Coin Bill". Applications will be submitted as soon as possible after the bill takes effect on August 1 and relevant channels are opened.