Core Viewpoint - Huaxing Capital Holdings has seen its stock price surge over 140% this year, driven by favorable regulatory developments in the cryptocurrency and stablecoin sectors [1][2] Group 1: Stock Performance - Huaxing Capital Holdings' stock price increased by 20.24%, reaching HKD 7.07, with a trading volume of HKD 86.177 million [1] - The company's stock has risen more than 140% year-to-date [1] Group 2: Regulatory Developments - The "Stablecoin Regulation Draft" officially took effect on August 1 in Hong Kong, establishing a licensing system for fiat-backed stablecoin issuers and enhancing the regulatory framework for virtual asset activities [1] - A global first RWA (Real World Asset) registration platform was launched on August 7 [1] - U.S. President Trump signed an executive order allowing 401(k) plans to invest in private equity funds, Bitcoin, and other alternative assets, providing further positive momentum for the cryptocurrency market [1] Group 3: Strategic Initiatives - In June, Huaxing Capital announced a board resolution to enter the Web 3.0 and cryptocurrency asset sectors, approving a budget of USD 100 million for development over the next two years [2] - The company plans to increase investments in stablecoins, RWAs, and the entire cryptocurrency ecosystem, while actively pursuing relevant business licenses [2] - Huaxing Capital has successfully invested in Circle Internet Group and provided listing and financing services for numerous leading cryptocurrency companies [2]
华兴资本控股再涨超20% 年内股价累计飙升1.4倍 公司进军数字货币领域
