Hong Kong's "Stable Coin Ordinance" Takes Effect on August 1! Concept Stocks of Hong Kong-listed Stable Coins Drop Sharply, with YCT Financial Down 17%, Yunfeng Financial Down 15%, etc.
Concept stocks of Hong Kong-listed stable coins plummeted further in the afternoon, with YCT Financial down over 17%, Yunfeng Financial down over 15%, and Gold Rush Investment, Huayuan Healthcare, Lin