BlockBeats News, August 12, according to RockFlow market data, Hong Kong stock stablecoin concept stocks collectively surged, Fosun International (00656.HK) rose over 19%, Multi-Point Intelligent (02586.HK), Guotai Junan International (01788.HK) rose over 8%, Yunfeng Financial (00376.HK) rose over 5%, and Yike (09923.HK) rose over 4%.

According to previous reports, at 2 PM on August 12, Fosun confirmed it had applied for a stablecoin license in Hong Kong and had formed a complete stablecoin license application team. On August 6, Fosun founder Guo Guangchang personally led the core members of Fosun's stablecoin team and other executives to meet with the Chief Executive of the Hong Kong Special Administrative Region, John Lee, and the Financial Secretary of the Hong Kong SAR, Paul Chan, within one day.