Hong Kong stocks with stablecoin concepts surged in the early trading session, with Jinyong Investment (01328.HK) rising by more than 30%, with a market value exceeding HK$2.5 billion; Guotai Junan International (01788.HK) rising by more than 7%, OLS Group (00863.HK) rising by more than 5%, and China Everbright Holdings (00165.HK), Delin Holdings (01709.HK) and other stocks following suit. Recently, the Shanghai State-owned Assets Supervision and Administration Commission held a central group study meeting on the development trends and response strategies of cryptocurrencies and stablecoins.
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