Retail Digital Service Provider Sees Stock Surge Amid Stablecoin License Application

According to Foresight News, Yahoo Finance data indicates that the stock price of retail digital service provider Duodian Digital (02586.HK) experienced a significant increase, initially soaring nearly 90%. This surge is attributed to the company's ongoing preparations to apply for a Hong Kong stablecoin license. The stock price has since narrowed to a 55.38% increase, currently trading at 14 Hong Kong dollars.