A股稳定币概念股盘初活跃，楚天龙竞价涨停两连板，石基信息涨超9%，恒宝股份、雄帝科技、拉卡 拉、兆日科技等跟涨。 ...

香港《稳定币条例》近日正式成为法例，将于2025年8月1日正式生效，相关概念股迅速成为市场焦点。 上周，多只稳定币概念股在大涨后出现大幅波动。而在美股市场，有着"稳定币第一股"的圆环集团（Circle）上市后同样受到追捧。港美股市场的稳定币概念股行情 引发市场高度关注。但有投资机构人士表示，虽然稳定币前景广阔，但行业尚处发展初期，相关企业短期业绩兑现能力有限，提醒投资者理性看待。 稳定币概念股大幅波动 上周，港股稳定币指数出现大幅波动。该指数在周一上涨25.8%后连续回调，最终周涨幅仅5%。指数成份股里，连连数字单周下跌45%，众安在线下跌17%。但即 使出现回调，过去一个月，稳定币指数仍以59%的涨幅高居港股主要概念指数之首，多只指数成份股涨幅超过40%。 "虚火太旺了！"在近期一场稳定币研讨会上，京东币链科技（香港）有限公司CEO刘鹏如此点评。公开资料显示，京东币链为京东科技子公司，香港金融管理局于 去年7月份公布了3家稳定币发行人沙盒参与者名单，京东币链位列其中。 在研讨会上，刘鹏更多描述了京东稳定币应用场景，包括跨境支付、投资交易和零售支付，定位全球支付基础设施。他同时透露，京东币链已获批参与香港稳定 ...

本文首发于公众号"私募排排网"。 （点击↑↑ 上图查看详情 ） 稳定币将重塑全球货币格局？2025年5月19日和21日，美国和中国香港分别通过《GENIUS法案》及《稳定币条例草案》，明确稳定币监管框架 的同时，也代表着加密货币又迎来里程碑式进展。 行情层面，稳定币相关资产近期表现强劲。美股稳定币概念"第一股"Circle（CRCL）IPO首日涨幅即接近170%。A股方面，截至6月5日收盘， 有8只概念股年内均已涨超50%！其中，霍普股份已经实现年内翻倍，四方精创、御银股份等也收获超80%涨幅。 0 1 稳定币究竟是什么？ 众所周知，自从中本聪创造了比特币（BTC）之后，加密货币由于其难以监管、不可追踪、可跨境流通等特性，越来越成为暗网交易的广泛选 择。然而，加密货币总量有限的特性总是容易助长炒作风气，导致多数数字货币常由于价格波动过大不适合作为交易媒介。 能否出现一种价格稳定的加密货币？稳定币正是在这种需求下应运而生。作为一种基于区块链技术的加密货币，稳定币需要通过支付法币才能获 得，并且主要与法币（美元为主）以固定兑换比例挂钩。稳定的价格机制越来越受到交易者青睐。 目前，稳定币承担着加密货币市场超过2/3 ...

Group 1 - The Hang Seng Index closed down by 0.48%, while the Tech Index fell by 0.63% [1] - Stablecoin concept stocks experienced a pullback, with China Everbright Holdings (00165.HK) dropping over 17% [1] - Innovative drug concept stocks rose against the trend, with CSPC Pharmaceutical Group (01093.HK) increasing by over 12% [1]

Core Insights - The article highlights a strong performance in the stock market on June 6, with a total of 50 stocks hitting the daily limit up, and 12 stocks classified as consecutive limit-up stocks, achieving a promotion rate of 58.33% excluding ST and delisted stocks [1] Group 1: Stock Performance - A total of 12 stocks achieved consecutive limit-ups, with 7 stocks reaching three consecutive limit-ups or more [1] - The stock "Cohesion Lawn" saw a significant increase, reaching a total of 5 consecutive limit-ups [1] - "Jinshi Technology" and "Zhongjia Bochuang" achieved 4 and 3 consecutive limit-ups respectively, indicating strong market interest in these stocks [1] Group 2: Sector Performance - The precious metals sector showed strong performance throughout the day, driven by silver prices reaching a 13-year high, with stocks like Hunan Silver and Silver Nonferrous hitting the daily limit up [1] - The chemical sector was also active, with stocks such as Sully Co. and Bohai Chemical achieving consecutive limit-ups, although some high-profile stocks like Lianhua Technology failed to maintain their limit-up status [1] Group 3: Market Trends - The market exhibited a pattern of rapid rotation among various sectors, with significant divergence observed in previously strong sectors like stablecoins, where stocks such as Cuiwei Co. and Hailian Jinhui dropped over 7% [1] - The overall market sentiment remains mixed, with some stocks experiencing sharp declines after previous gains, indicating volatility in investor sentiment [1]

Market Overview - The market experienced fluctuations with mixed performance across the three major indices, where the Shanghai Composite Index rose by 0.04%, while the Shenzhen Component and ChiNext Index fell by 0.19% and 0.45% respectively [1] - The trading volume in the Shanghai and Shenzhen markets was 1.15 trillion, a decrease of 138.4 billion compared to the previous trading day [1] Sector Performance - Sectors such as non-ferrous metals, civil explosives, pesticides, and Hainan saw significant gains, while sectors like beauty care, IP economy, stablecoin concepts, and securities faced declines [1] - The top-performing sectors included: - Non-ferrous metals with a rise of 2.66% year-to-date - Civil explosives with a rise of 2.26% year-to-date - Agricultural chemicals with a rise of 1.88% year-to-date [5] Individual Stock Movements - Notable individual stock performances included: - New Yi Sheng (+2.92%) and Zhong Ji Xu Chuang (+0.55%) leading in trading volume, while Sheng Hong Technology (-0.80%) and Si Fang Jing Chuang (-7.55%) faced declines [4] - Zhaoyi Innovation rose by 4.7%, while Tuo Wei Information fell by 2.66%, indicating internal divergence within the technology sector [4] Silver Market Insights - The silver market saw a significant increase, with spot silver prices rising by 3.4%, reaching the highest level since February 2012 [7] - The World Silver Association projected a global silver supply of 31,700 tons in 2024, a year-on-year increase of 2% to 3%, with demand expected to reach 36,700 tons, resulting in a supply-demand gap of approximately 5,000 tons [7] - Citic Securities highlighted a long-term supply shortage in the silver market, driven by stagnant main mineral production and increasing industrial demand due to the growth of photovoltaic installations [7] Market Sentiment and Reactions - The market's reaction to recent news, including the first direct communication between the US and China since trade tensions escalated, was somewhat counterintuitive, with A50 futures showing volatility [8][9] - Investor sentiment remains cautious, with a lack of clear market direction, leading to a focus on high-elasticity stocks and a potential continuation of range-bound trading [15]

收评：沪指缩量窄幅震荡 有色、化工等周期股逆势活跃 智通财经6月6日电，市场全天震荡分化，三大指数涨跌不一。沪深两市全天成交额1.15万亿，较上个交 易日缩量1384亿。盘面上，市场热点较为杂乱，个股上涨和下跌家数基本相当。从板块来看，化工、有 色等周期股逆势活跃，盛达资源等涨停。算力概念股一度冲高，美利云等涨停。ST板块震荡走强，ST 百利等10余股涨停。下跌方面，稳定币概念股集体调整，雄帝科技跌超10%。板块方面，有色金属、民 爆、农药、海南等板块涨幅居前，美容护理、IP经济、稳定币概念、证券等板块跌幅居前。截至收盘， 沪指涨0.04%，深成指跌0.19%，创业板指跌0.45%。 ...

Core Insights - The article discusses the recent downturn in the stock prices of companies related to stablecoins in both Hong Kong and A-share markets, following the IPO of Circle, a major stablecoin issuer, which saw significant initial trading gains [1][2][3]. Market Reaction - In the Hong Kong market, notable declines were observed in stablecoin-related stocks, with companies like Lianlian Technology dropping over 12% and China Everbright Holdings falling more than 14% [1]. - The A-share market mirrored this trend, with Sifang Jingchuang decreasing nearly 7% and other companies like Yuxin Technology and Zhongke Jincai also experiencing declines exceeding 5% [2]. Regulatory Developments - The recent enactment of the "Stablecoin Regulation" in Hong Kong on May 30 has been a significant catalyst for market interest, prompting a surge in research and analysis from brokerage firms [2]. - Following the regulation's implementation, 22 brokerage firms released 30 research reports and organized over 20 conference calls, indicating strong institutional interest in the stablecoin sector [2]. Investment Sentiment - The article highlights a dual driver for the recent market activity: the acceptance of stablecoins within mainstream financial systems due to new regulations and the recognition of stablecoins as essential financial infrastructure [3]. - Analysts note that while the current market enthusiasm reflects the long-term value of stablecoins, there is a structural mismatch as many companies are still at the application level without engaging in core aspects like issuance rights or reserve management [3]. Market Dynamics - The volatility in the digital currency sector has led to speculative trading in stablecoin stocks, with some investors potentially overlooking the actual business fundamentals in favor of market sentiment [4]. - The gradual clarification of global stablecoin regulatory policies is seen as providing a supportive environment for industry growth, benefiting companies with established operations in the stablecoin space [4]. Risks and Considerations - The article mentions potential risks associated with stablecoin investments, including regulatory changes, market volatility, technological vulnerabilities, and credit risks related to the issuers [5][6].

港股稳定币概念股集体回调，中国光大控股(00165.HK)跌超8%，众安在线(06060.HK)、连连数字 (02598.HK)均跌超6%。 ...

Market Overview - The A-share market shows a moderate increase with the Shanghai Composite Index closing at 3384.10, up 0.23% [2] - The Shenzhen Component Index and the ChiNext Index also experienced gains of 0.58% and 1.17% respectively, indicating a positive market sentiment [2][4] Financial Data - The total market capitalization of the Shanghai Composite Index is 6520.65 billion, with a price-to-earnings (PE) ratio of 11.98 and a price-to-book (PB) ratio of 1.24 [3] - The ChiNext Index has a significantly higher PE ratio of 26.99, reflecting its growth potential [3] Economic Indicators - The Caixin Services PMI for May increased to 51.1, indicating an expansion in the services sector [16][17] - The People's Bank of China conducted a reverse repurchase operation of 126.5 billion, signaling liquidity support in the market [18][19] Industry Dynamics - Online sales of home cameras increased by 13.3% year-on-year from January to April 2025, driven by expanding use cases [27] - The consumption upgrade initiative has led to over 1 trillion yuan in sales across five major categories, indicating a robust recovery in consumer spending [29][30] Company Updates - Weisheng Information (688100.SH) announced winning contracts totaling 133.32 million yuan, enhancing its revenue prospects [33] - Zexin Pharmaceutical (688266.SH) signed an exclusive marketing service agreement for a new drug, potentially generating up to 250 million yuan in revenue [36] - Hubei Yihua (000422.SZ) is set to acquire 100% of a subsidiary for 3.2 billion yuan, expanding its production capacity significantly [39] - Meiya Optoelectronics (002690.SZ) plans to invest 185 million yuan to expand its production base, indicating growth in its operational capacity [42]