Some stablecoin concept stocks are experiencing excessive short-term speculation, and attention should be paid to the risk of a correction.

PANews, July 10 - In recent days, the stock prices of several listed companies in the Hong Kong stock market have surged due to their involvement in the 'stablecoin concept.' On July 10, during trading, Hong Kong's Puxing Energy briefly soared over 280%. Another stock that experienced fluctuations was Delin Holdings, which saw an increase of over 70% in early trading. Industry insiders have warned that some stablecoin concept stocks are experiencing excessive short-term speculation, and attention should be paid to the risk of a correction.