Guotai Junan International, a Hong Kong-listed stablecoin concept stock, closes up 8.85%, surging more than fivefold in 11 trading days

According to Jinse Finance, market data shows that Hong Kong-listed stablecoin concept stock Guotai Junan International closed up 8.85% today at HKD 6.27. Since Guotai Junan International was officially approved to provide cryptocurrency and other virtual asset trading services on June 25, its share price has risen from HKD 1.24 to today’s level, surging more than fivefold in 11 trading days.