Odaily Planet Daily News: Hong Kong stock market stablecoin concept stocks are collectively strengthening, with Huajian Medical rising more than 30%, Lianyi Technology up over 8%, Victory Securities up 7.1%, OSL Group rising 1.43%, and Yaocai Securities up 5.60%, with Alibaba also following suit. U.S. President Trump recently signed the (Guidance and Establishment of the U.S. Stablecoin National Innovation Act) (GENIUS Act) at the White House, marking the implementation stage of U.S. stablecoin regulatory legislation. Additionally, on May 30, the Hong Kong (Stablecoin Ordinance) was officially published in the government gazette and will take effect on August 1. From the perspective of the ecological chain, the stablecoin ecosystem can be specifically divided into three levels: primary market issuance, secondary market circulation, and application scenarios. In terms of individual stocks, Huajian Medical has initiated the application for a U.S. stablecoin license and is actively promoting the Web3 exchange ecosystem; Yunfeng Financial recently announced on the Hong Kong Stock Exchange that it will strategically layout in areas such as Web 3, real-world assets (RWA), digital currency, ESG zero-carbon assets, and artificial intelligence. (Sina Finance)

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