Hong Kong stocks of stablecoin concept stocks strengthened, and Huajian Medical rose by more than 30%
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Planet Daily News: Hong Kong-listed stablecoin concept stocks collectively surged, with Health Check Medical soaring over 30%, Lian Yi Rong Technology rising over 8%, Victory Securities up 7.1%, OSL Group increasing 1.43%, Bright Securities rising 5.60%, and Alibaba following the trend. According to the information, U.S. President Trump recently officially signed the "Guidance and Establishment of National Stablecoin Innovation Act" (GENIUS Act) at the White House, marking the entry of U.S. stablecoin regulatory legislation into the implementation phase. Additionally, on May 30, the Hong Kong Stablecoin Ordinance was officially published in the gazette and will take effect on August 1. From an ecosystem perspective, the stablecoin ecosystem can be specifically divided into three levels: primary market issuance, secondary market circulation, and application scenarios. In terms of individual stocks, Health Check Medical has initiated its U.S. stablecoin license application and is actively promoting the Web3 exchange ecosystem; Cloud Peak Finance recently announced at the Hong Kong Stock Exchange its strategic layout in Web3, Real World Assets (RWA), digital currencies, ESG zero-carbon assets, and artificial intelligence. (Sina Finance)
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