Group 1: Stablecoin Developments - Major multinational companies like Walmart and Amazon are exploring the issuance of their own stablecoins in the U.S., with online travel giant Expedia also discussing similar plans [1] - These retailers incur billions in fees from traditional payment systems, and stablecoins could potentially save them significant transaction costs while enabling faster settlements [1] - Ant International, a subsidiary of Ant Group, is preparing to apply for stablecoin licenses in Singapore and Hong Kong, indicating a global strategy for regulatory compliance and market entry [1] Group 2: Regulatory Framework in Hong Kong - The Hong Kong government has passed the Stablecoin Ordinance, establishing a licensing system for stablecoin issuers, effective from August 1 [2] - The global stablecoin market is estimated to be around $240 billion, with trading volumes exceeding $20 trillion last year, indicating a growing demand for stablecoins [2] - The Hong Kong Monetary Authority will expedite the processing of license applications post-regulation, allowing qualified applicants to commence operations [2] Group 3: Key Companies in the Stablecoin Sector - ZhongAn Online (06060) is a core player in the Hong Kong stablecoin concept, partnering with ZA Bank to provide reserve banking services for stablecoin issuers [3] - Huaxing Capital Holdings (01911) announced that its managed fund's investment, Circle Internet Group, successfully listed on the NYSE, marking a significant event in the stablecoin sector [3] - OSL Group (00863) is collaborating with Ethena to launch stablecoin interest products, positioning itself as a compliant trading platform in Hong Kong [4] Group 4: Collaborations and Innovations - Standard Chartered, Animoca Brands, and PCCW are exploring stablecoin issuance and have announced a joint venture to apply for HKMA's stablecoin issuance license [4] - JD Group is in the second phase of sandbox testing for its stablecoin, which will be pegged to the Hong Kong dollar or U.S. dollar [4] - LianLian Digital (02598) is collaborating with Yuan Coin Technology for stablecoin applications in cross-border payments, enhancing its presence in the crypto space [5]
港股概念追踪|香港将发表第二份数字资产发展政策宣言 跨国巨头竞相入局稳定币（附概念股）