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Weekend reading | When those who trade cryptocurrencies talk about stocks, those who trade stocks talk about Bitcoin.
People in the cryptocurrency community have ignited the FOMO sentiment in the stock market, and the consensus has been written by a different group of people.
Ready to go! Hong Kong's "Stablecoin Regulations" are about to take effect. How to find investment opportunities in the Industry Chain? Latest interpretation from Institutions.
Hong Kong has taken the lead in passing legislation for stablecoins, with issuers, custodian banks, exchanges, and cross-border payment providers poised for development.
This week's top-performing stocks in the Hong Kong market | Innovative drug concept stocks collectively surged, with Lepu Biopharma rising over 62% and Ascletis Pharma increasing by more than 31%; Kingsoft Cloud saw a significant increase of over 35% this
The company is accelerating its transformation, betting on cutting-edge tracks, and YUNFENG FIN has increased by over 46% over the week.
Express News | U.S. President Trump officially signed the GENIUS Act.
With the implementation of the GENIUS Act, how should the narrative around stablecoins be approached with caution?
In the early morning of July 18, Beijing time, the U.S. House of Representatives passed three pieces of cryptocurrency-related legislation: the "CLARITY Act," the "GENIUS Act," and the "Anti-CBDC Surveillance National Act." On July 19, in Lingcheng, the "GENIUS Act" was signed by Trump as official law. This not only marks the first time the U.S. has established a national regulatory framework for stablecoins, but it also sends a clear signal that stablecoins are moving out of the gray area and into the fringes of the mainstream financial system. At the same time, major financial centers like Hong Kong and the European Union are also accelerating their efforts, leading to a reshaping of the global stablecoin landscape.
Quick Look at the Hong Kong Market | All three major indices rose, with the Tech Index up 1.65%, reaching a new high since April; stablecoin concept stocks gained, with YEAHKA rising over 10%; AI concept stocks performed strongly, with IDREAMSKY up more t
Network Technology stocks are rising, with Bilibili-W up 4.06% and JD-SW up 2.97%; Securities and Brokerage stocks are generally up, with BRIGHT SMART up 16.93% and GF SEC up 5.04%; Gold stocks are higher, with LINGBAO GOLD up 6.24% and Zijin Mining Group up 3.46%;