Hong Kong Stock Market Movement | Starry Chain Group (00399) surged over 100% at one point, with a total increase of up to 3.5 times over the past three trading days

Crypto Finance APP reports that Starry Chain Group (00399) once surged over 100%, with a total increase of up to 3.5 times over the past three trading days. As of the latest report, it rose 92.59% to HKD 0.26, with a trading volume of HKD 51.85 million.

On the news front, on February 13, Starry Chain Group announced that the company has entered into a strategic cooperation framework agreement with China International Digital Intelligence Finance Group Limited regarding a real-world gold asset tokenization project. The board believes that this cooperation aligns with the group’s strategic development in blockchain infrastructure and digital asset technology. The cooperation is expected to generate new revenue streams and diversify income sources by providing technical services, participating in ecosystem operations, and engaging in RWA-related businesses.

Additionally, Hong Kong Legislative Council member Wu Jiezhuang stated that Hong Kong is expected to issue its first stablecoin issuer license in March this year. He suggested that after the license is issued, qualified citizens could receive a “stablecoin airdrop/coupon” for local small and medium-sized enterprises’ consumption (such as dining and entertainment) to promote adoption and stimulate the economy. The related administrative costs could be borne by the licensed companies.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)