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First Batch of Stablecoin Issuers to Be Announced This Afternoon; Guotai Junan International (01788.HK) Surges 45% on Heavy Turnover, Yunfeng Financial (00376.HK) Up Nearly 18%
2026-04-10 13:29:11 Hong Kong stocks stood at 25,881 points in the afternoon session today (10th), up 129 points or 0.5%, with turnover of HKD150.1 billion. The Hong Kong Monetary Authority will hold a technical briefing on stablecoin issuers at 5 pm today, after which licensed stablecoin issuers will meet the media. The market is chasing financial stocks expected to receive licenses in the first batch. Guotai Junan International (01788.HK) hit an intraday high of HKD3.54 in the afternoon. It is now quoted at HKD3.51, up 45.04%, with volume surging to 751 million shares, involving HKD2.327 billion. Yunfeng Financial (00376.HK) is now quoted at HKD3.37, up 17.83%, with turnover of 15.7131 million shares, involving HKD49.3424 million. Bright Smart Securities & Commodities Group (01428.HK) and China Merchants Securities (06099.HK) each rose about 5% to 6%. Licensed cryptocurrency trading platforms OSL Group (00863.HK) and HashKey Group (03887.HK) each gained 4.9% to 6.8%. Market sources said that at least two note-issuing banks, HSBC Holdings (00005.HK) and Standard Chartered Group (02888.HK), are among institutions set to receive the first batch of stablecoin issuer licenses. HSBC Holdings (00005.HK) is now up 0.7%, while Standard Chartered Group (02888.HK) has risen 1.6%. (da/u)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |