HK Stock Stablecoin Stock Rises Strongly on Positive News, Guotai Junan International Surges Over 40%

BlockBeats News, April 10th, according to market data, Hong Kong-listed stablecoin concept stocks continued to strengthen in the afternoon, with Guotai Junan International (01788.HK) rising over 40%, Lion Rock Group (02562.HK) rising over 17%, Yunfeng Financial Group (00376.HK) rising nearly 12%, China Everbright Group (00165.HK), and Huaxing Capital Group (01911.HK) all rising over 8%.

Earlier news, the Hong Kong Monetary Authority will announce the first batch of stablecoin licenses at 5 pm on April 10th, and thereafter, licensed stablecoin issuers will meet with the media.