Hong Kong stocks of stablecoin concept stocks strengthened, and Huajian Medical rose by more than 30%

Odaily Planet Daily News Hong Kong stocks stablecoin concept stocks collectively strengthened, among which Huajian Medical rose by more than 30%, Lianyirong Technology rose by more than 8%, Shengli Securities rose by 7.1%, OSL Group rose by 1.43%, Yaocai Securities rose by 5.60%, and Alibaba followed suit. US President Trump recently officially signed the "Guidance and Establishment of the United States Stablecoin National Innovation Act" (GENIUS Act) at the White House, marking the implementation of US stablecoin regulatory legislation. In addition, on May 30, the Hong Kong "Stablecoin Ordinance" was published in the Gazette and officially became a law and will take effect on August 1. From the perspective of the ecological chain, the stablecoin ecology can be specifically divided into three levels: primary market issuance, secondary market circulation, and application scenarios. In terms of individual stocks, Huajian Medical has started the application for a US stablecoin license and actively promoted the Web3 exchange ecology; Yunfeng Financial recently announced at the Hong Kong Stock Exchange that it will strategically deploy Web 3, real world assets (RWA), digital currency, ESG zero-carbon assets and artificial intelligence. (Sina Finance)