Internet reports that in recent days, in the Hong Kong stock market, the share prices of many listed companies have soared due to their involvement in the "stablecoin concept." During intraday trading on July 10, the energy of Hong Kong stocks once soared by more than 280%. The company earlier announced that it has subscribed for Series A preferred shares issued by HashKey Holdings, which focuses on investing in blockchain technology, global asset management of digital assets and providing compliant over-the-counter trading services for digital assets. At the same time, Hong Kong stocks that moved were Delin Holdings, which once rose more than 70% in early trading. The reason why the company's share price rose is also related to digital currency. Delin Holdings announced after hours yesterday that it plans to tokenize assets with an overall value of up to HK$500 million. However, some industry insiders warned that some stablecoin concept stocks have been overhyped in the short term and need to pay attention to the risk of correction. (Securities Times)