智通财经APP获悉，5月30日，香港《稳定币条例》作为全球首个针对法币稳定币的专项立法正式落 地，有效填补了法币稳定币监管空白，加快推动稳定币合规化发展。 此前，香港立法会已经在5月21日正式通过该条例草案，用以在香港设立"法币稳定币"发行人的发牌制 度。今年年底前，合规的香港稳定币有望正式落地。香港金管局已公开首批稳定币发行人沙盒名单，包 括圆币创新科技等。 众安在线(06060)：众安在线持股43.43%的众安银行是中国香港首家为稳定币发行方提供储备银行服务 的数字银行；持股8.7%的圆币创新科技是中国香港金管局首批沙盒参与者之一。国金证券指出，众安 银行虚拟资产业务布局深入，有望受益；瑞银指出，市场预期众安将从以下两方面受益：圆币创新科技 估值上升潜力、可观的净利息差。 连连数字（02598）：连连数字通过多层全资子公司间接持有连连国际（LianLian Pay Global Limited） 100%股权。连连国际与圆币科技合作稳定币在跨境支付的场景应用项目。此外连连数字子公司DFX Labs早前已取得香港VATP牌照，正式进军Crypro领域。 电讯盈科（00008）：2024年7月，渣打银行、An ...

Group 1: Digital Currency Market - The Hong Kong digital currency sector remains active, with Lianlian Digital surging over 60% and Okex Chain rising by 41.21% [1] - The Hong Kong government has officially implemented the Stablecoin Regulation, enhancing the regulatory framework for digital assets [1] Group 2: Quantum Communication - A Chinese research team has proposed a new theoretical framework for long-distance scalable quantum direct communication, achieving a 300-kilometer quantum communication network [2] - The experiment demonstrated a fidelity of over 85% in shared quantum states among nodes, confirming the reliability of the communication method [2] Group 3: Brain-Computer Interface - Clinical trials for implantable brain-computer interfaces have commenced, aiming to validate the effectiveness and safety of the treatment for spinal cord injury patients [3] - Shanghai plans to establish a specialized committee for brain-computer interfaces, integrating various sectors to foster innovation [3] Group 4: Robotics - Galaxy General has launched TrackVLA, an end-to-end navigation model that utilizes visual perception and natural language instructions for robotic actions [4] Group 5: U.S. Debt Concerns - The International Financial Association warns that the rising U.S. debt could trigger a global bond market crisis, as borrowing costs in other countries often correlate with U.S. Treasury fluctuations [5] Group 6: Fund Performance - In the first five months of the year, some funds have reported returns exceeding 70%, particularly those focused on innovative pharmaceuticals and new consumer sectors [6] Group 7: Bond ETF Growth - Bond ETFs have seen significant inflows, with over 40 billion yuan in net inflows in May, indicating strong market interest despite overall weak bond market returns [7] Group 8: Consumer Goods Sales - The sales of consumer goods through trade-in programs have surpassed 1 trillion yuan this year, significantly boosting consumption [8] Group 9: Green Data Centers - China's first national standard for evaluating green data centers has been implemented, providing guidelines for energy efficiency and sustainable practices in data center operations [9] Group 10: Tesla Sales Decline - Tesla's new car registrations in France fell by 67% in May, marking the lowest level in nearly three years, despite the launch of a redesigned Model Y [10]

Investment Rating - The report maintains an "Increase" rating for the industry [5] Core Insights - The introduction of the Stablecoin Ordinance in Hong Kong marks a significant step towards financial innovation while ensuring stability in the digital asset sector [1][3] - Stablecoins serve as a bridge between traditional finance and the crypto ecosystem, providing stability and liquidity, which are essential for broader adoption [2][12] - The RWA (Real World Asset) market is rapidly expanding, with a total market size reaching approximately $23 billion, and is expected to grow significantly in the coming years [4][8][47] Summary by Sections Stablecoin Overview - Stablecoins are digital assets designed to maintain value stability by pegging their price to fiat currencies like the US dollar, addressing the volatility of traditional cryptocurrencies [2][12] - The main types of stablecoins include fiat-backed, crypto-backed, commodity-backed, algorithmic, and hybrid models, with USDT and USDC being the most prominent [21][22] Hong Kong Stablecoin Legislation - The Hong Kong Monetary Authority (HKMA) initiated public consultations on stablecoin regulation in early 2022, leading to the formal introduction of the Stablecoin Ordinance in May 2025 [3][26][31] - The ordinance requires stablecoin issuers to obtain a license from the HKMA, ensuring that reserve assets are fully backed and regularly audited [3][39] Globalization of Debt and Stablecoins - The RWA market is experiencing rapid growth, with significant projects being launched in various sectors, including energy and agriculture [4][41][42] - Major players like Circle are planning to go public, indicating strong market interest and potential for further expansion in the stablecoin sector [38][40] Beneficiaries in the Industry - Companies involved in stablecoin infrastructure include ZhongAn Online, Sifang Jichuang, and others, while RWA projects are supported by firms like Longxin Group and GCL-Poly Energy [51]

智通财经6月2日电，众安在线 (06060.HK)午后转涨，现涨超9%，报21港元，成交额近11亿港元。近七 个交易日累涨超70%。 ...

Group 1 - The core viewpoint of the article highlights the active performance of digital currency stocks in the Hong Kong market, particularly after the implementation of the Stablecoin Regulation by the Hong Kong government [1] - Notable stock performances include Lianlian Digital rising by 59%, Okex Cloud Chain increasing by 39%, Yika gaining 35%, and ZhongAn Online up by 11% [1] - The Stablecoin Regulation, published in the Hong Kong government gazette on May 30, signifies a step towards enhancing the regulatory framework for digital assets in Hong Kong [1]

Core Viewpoint - The stock of ZhongAn Online surged over 11% during intraday trading on June 2nd [1] Company Summary - ZhongAn Online experienced a significant increase in its stock price, indicating positive market sentiment or potential investor interest [1]

Core Viewpoint - The Hong Kong government has officially enacted the Stablecoin Regulation, enhancing the regulatory framework for digital assets in the region, which is expected to facilitate the launch of compliant stablecoins by the end of this year [1] Group 1: Regulatory Developments - The Stablecoin Regulation was published in the Hong Kong government gazette on May 30, marking its official effectiveness [1] - The Hong Kong Legislative Council passed the Stablecoin Regulation draft on May 21, indicating strong legislative support for digital asset regulation [1] Group 2: Company Developments - ZhongAn Bank, the first virtual bank in Hong Kong, has made significant business advancements by providing reserve custody services for stablecoin issuers [1] - The bank has established strategic cooperation intentions with several licensed virtual asset exchanges, aiming to collaborate in areas such as cross-border payments and digital asset custody [1]

5月30日恒生指数下跌1.20%，报收23289.77点，全天南向资金通过港股通渠道合计净买入96.47亿港 元。 深市港股通前十大成交活跃股中，成交额居首的是阿里巴巴-W，成交金额21.12亿港元；其次是小米集 团-W、石药集团，成交金额分别为18.77亿港元、13.44亿港元。以净买卖金额统计，有7只股为净买 入，净买入金额最多的是理想汽车-W，净买入4.01亿港元，该股收盘上涨3.79%。净卖出金额最多的是 盈富基金，净卖出8.86亿港元，收盘股价下跌1.17%。（数据宝） 证券时报·数据宝统计，5月30日港股通全天合计成交金额为948.53亿港元，成交净买入96.47亿港元。具 体来看，沪市港股通成交金额624.01亿港元，成交净买入81.67亿港元；深市港股通成交金额324.52亿港 元，成交净买入14.79亿港元。 成交活跃股方面，沪市港股通前十大成交活跃股中，阿里巴巴-W成交额为40.79亿港元，成交金额居 首；其次是腾讯控股、小米集团-W，成交金额分别为35.79亿港元、26.11亿港元。以净买卖金额统计， 美团-W净买入额为17.38亿港元，净买入金额居首，该股收盘股价下跌1.50%。净卖出 ...

深港通（南向）十大活跃成交公司 | 公司名称 | 成交金额 | 净买入额 | | --- | --- | --- | | 阿里巴巴-W(09988) | 21.12 亿元 | +1.15 亿元 | | 小米集团-W(01810) | 18.77 亿元 | +1.73 亿元 | | 石药集团(01093) | 13.44 亿元 | +3.70 亿元 | | 腾讯控股(00700) | 12.27 亿元 | -6024.10 万元 | | 众安在线(06060) | 10.23 亿元 | +5290.10 万元 | | 美团-W(03690) | 9.60 亿元 | +1.83 亿元 | | 理想汽车-W(02015) | 9.59 亿元 | +4.01 亿元 | | 盈富基金(02800) | 8.89 亿元 | -8.86 亿元 | | 中芯国际(00981) | 6.34 亿元 | -1.44 亿元 | | 泡泡玛特(09992) | 5.37 亿元 | +1.27 亿元 | 智通财经APP获悉，2025年5月30日当天，阿里巴巴-W(09988)、腾讯控股(00700)、小米集团-W(01810) 位居沪 ...

Group 1 - The stock of ZhongAn Online (06060.HK) has dropped over 10% [1] - The trading volume exceeded 1.6 billion HKD [1]