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Today, in the Hong Kong stock market, Digital Money related concept stocks performed remarkably, showing an overall pump trend. Among them, Huaxing Capital (01911.HK) led the rise, with a daily increase of up to 19%, while the stock prices of Future Data Group and New Fire Technology also rose by more than 8%. This wave of market activity actually reflects several positive signals from the Digital Money industry.
Firstly, the policy environment is gradually improving. Hong Kong is accelerating the pilot work for the digital Hong Kong dollar, which is expected to further consolidate its position as a digital money center in Asia. Meanwhile, the United States is also actively promoting legislation related to stablecoins, which means that the global compliance process for digital money may exceed market expectations.
Secondly, capital is actively positioning itself in industry leading enterprises. The blockchain investment portfolio under Huaxing Capital has started to attract market attention, while New Fire Technology has successfully obtained a compliance exchange license in Hong Kong, demonstrating that its business is taking substantial shape.
Finally, market sentiment is shifting. Traditional capital is positioning itself in the digital money space through the stock market channels, and with the Hong Kong Stock Connect on the verge of launching, mainland funds may also soon flow into this sector.
For investors, companies such as Huaxing Capital and New Fire Technology, which have investment banking resources or backgrounds from compliant exchanges, can be the focus. In terms of investment strategy, consider gradually building positions when the stock price pulls back to the 5-day moving average, adopting a medium to long-term holding approach. At the same time, you can also pay attention to related opportunities with compliant stablecoins like USDT and USDC.
This round of market trends is likely to mark the starting point of traditional finance embracing Web3, and investors should continue to pay attention to industry developments and individual stock performance.