PANews reported on July 10 that in recent days, the share prices of many listed companies in the Hong Kong stock market have soared due to their involvement in the "stablecoin concept". During the trading session on July 10, Hong Kong-listed Puxing Energy once soared by more than 280%. At the same time, another Hong Kong stock that moved abnormally was Delin Holdings, which once rose by more than 70% in the early trading. Some industry insiders reminded that some stablecoin concept stocks have been overheated in the short term and need to pay attention to the risk of callback.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.