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Hong Kong Stock Exchange A-share Digital Currency Stablecoin Concept Stocks Soar, Golden Surge Investment Rises by 527.14%

5 hours ago

On July 8th, based on market information, the Hong Kong and A-share markets closed today. Some concept stocks of stablecoins showed significant gains, including: - Jinyong Investment (01328.HK) surged by 527.14%, with a trading volume of 211 million Hong Kong dollars. It previously announced a strategic partnership with AnchorX to explore stablecoin application scenarios. - China Everbright (00165.HK) rose by 6.96%, with a trading volume of 707 million Hong Kong dollars. In 2016, China Everbright Holdings and IDG Capital jointly invested in Circle. - Duodian Digital (02586.HK) rose by 10.3%, with a trading volume of 773 million Hong Kong dollars. It is currently preparing to apply for a Hong Kong stablecoin license. - Guojin Securities (600109.SH) rose by 3.95%, with a trading volume of 1.173 billion yuan. Yesterday, it was announced that its subsidiary, Guojin Securities Co., Ltd., is preparing to apply for a license for virtual asset-related transactions. - Hainan Huateng (603300.SH) rose by 2.53%, with a trading volume of 2.755 billion yuan. It was previously announced that nearly 26 billion yuan in assets have been digitized and put on the chain, and a strategic cooperation agreement has been signed with the RWA Research Institute. - New Fire Technology Holdings (01611.HK) rose by 13.64%, with a trading volume of 73.61 million Hong Kong dollars. - Dongxin Heping (002017.SZ) rose by 4.29%, with a trading volume of 25.87 billion yuan. - Chutianlong (003040.SZ) rose by 3.7%, with a trading volume of 25.22 billion yuan. - Advanced All-Digit (300541.SZ) rose by 3.67%, with a trading volume of 10.15 billion yuan.
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Binance Alpha has launched Space Nation (OIK), with an airdrop claiming threshold of 140 points.

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Trump Media & Technology Group (DJT.O) Up 1.5% in Pre-market Trading

On July 8th, based on market data, Trump Media & Technology Group (DJT.O) witnessed a 1.5% increase in premarket trading. The company is in the process of seeking approval from the U.S. Securities and Exchange Commission (SEC) for a blue-chip cryptocurrency exchange-traded fund.

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US Stock BTCS Up 5% in Pre-market Trading After Announcing Plan to Raise $100 Million for ETH Acquisition

On July 8th, based on market data, the US stock BTCS is currently trading at $2.94 in the pre-market session, with a 5% increase. It was previously announced that it plans to raise $100 million in order to acquire ETH.

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BiyaPay Analyst: Tesla Drops 7%, Musk Forms "American Party," Completely Offends Trump

On July 8th, Tesla's stock price declined by 7%. One of the reasons was the political disagreement with Trump. Musk announced the establishment of the "American Party", which indicated a complete break in his political alliance with Trump. This change was directly triggered by Musk's intense conflict with Trump over the "Big Beautiful Act". This act is expected to further increase U.S. debt, and Musk strongly opposes this proposition. Musk's "American Party" plans to participate in the 2026 midterm elections. The aim is to influence congressional decisions by competing for a few key seats. It adopts a strategy different from traditional parties, focusing on 2-3 Senate seats and 8-10 House districts. Musk's political ideology includes reducing debt spending, promoting the development of AI technology, and relaxing regulations, etc., aiming to address public dissatisfaction with current policies. Meanwhile, Tesla is facing several challenges. For example, older versions of Tesla models

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Deutsche Bank Research: With Trump's policies, US cryptocurrency adoption has increased

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