Hong Kong stock stablecoin stocks strengthen on positive news, Guotai Junan International rises over 40%

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ME News report: On April 10 (UTC+8), according to market data, Hong Kong stablecoin-related concept shares continued to strengthen throughout the afternoon. Guotai Junan International (01788.HK)01788.HK( rose by more than 40%, Siting Holdings )02562.HK(02562.HK) rose by more than 17%, Yunfeng Financial (00376.HK)00376.HK( rose by nearly 12%, and China Everbright Holdings )00165.HK00165.HK and Huaxing Capital Holdings 01911.HK01911.HK both rose by more than 8%. Earlier reports said that the Hong Kong Monetary Authority will announce the first batch of stablecoin licenses at 5:00 PM on April 10, after which licensed stablecoin issuers will meet with the media. (Source: BlockBeats)

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