Group 1 - The core viewpoint of the article highlights the decline in stock prices of Yunfeng Financial and Yaocai Securities amid news regarding the suspension of stablecoin issuance plans by major tech companies like Ant Group and JD.com in Hong Kong [1] - Yunfeng Financial's stock dropped by 6.68%, trading at HKD 4.61, while Yaocai Securities fell by 4.73%, trading at HKD 9.88 [1] - The decision to pause stablecoin projects came after directives from regulatory bodies such as the People's Bank of China and the Cyberspace Administration of China, indicating a halt in the advancement of these initiatives [1] Group 2 - The Hong Kong Stablecoin Regulation Bill was passed in May and officially took effect on August 1, which initially encouraged companies to explore stablecoin projects [1] - Ant Group had previously announced its participation in the Hong Kong stablecoin pilot project in June, indicating a shift in strategy following regulatory guidance [1]