Staidson BioPharm(SZ:300204) Zhong Guo Ji Jin Bao·2025-05-29 04:56Market Overview - A-shares experienced a rebound on May 29, with the Shanghai Composite Index rising by 0.72%, the Shenzhen Component Index increasing by 1.12%, and the ChiNext Index up by 1.16% [1][2]. Sector Performance - The digital currency and fintech sectors saw significant gains, while sectors such as gold and jewelry, air transportation, and food processing faced declines [2][3]. - Notable sector performances included: - Digital currency: +6.56% - Fintech: +5.48% - Innovative drugs: +20% for Shuyou Shen [3][7]. Notable Stocks - In the Hong Kong market, the Hang Seng Technology Index rose by 1.64%, with stocks like Xpeng Motors (+6.08%), Meituan (+4.64%), and Trip.com (+3.81%) leading the gains [4][5]. - Digital currency stocks surged, with companies like Sifang Jingchuang, Xiongdai Technology, and Tianyang Technology hitting the daily limit of 20% [5]. - Innovative drug stocks also performed well, with Shuyou Shen reaching a three-year high [7][9]. Regulatory Developments - The U.S. Congress is advancing two key stablecoin legislations, while Hong Kong's Legislative Council has passed a stablecoin bill, establishing a licensing system for fiat-backed stablecoin issuers [10].