On June 20, 2023, the Hong Kong stock market and the Meme coin market experienced a correlated decline. Pop Mart (HK.9992) stock price fell by 5.15%, now reported at HKD 235.8, down more than 16% from its historical high. At the same time, the market capitalization of the popular IP-based Meme coin LABUBU dropped below USD 28 million, plummeting 20.4% within 24 hours, causing market sentiment to cool rapidly. BiyaPay analysts pointed out that such 'coin-stock correlated adjustments' may release short-term risks, but for experienced traders, they also contain potential opportunities. Whether shorting Pop Mart's Hong Kong stocks or executing reverse operations in the crypto space, flexible trading can be achieved through USDT. BiyaPay supports quick participation in Hong Kong and US stock trading, allows short selling without the need to open offshore accounts; supports trading of over 200 cryptocurrencies with zero fees for spot and contract orders; supports USDT exchange for various fiat currencies, with international remittances arriving quickly and withdrawals without freezing. In market fluctuations, opportunities are in your hands.

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