💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
Hong Kong stock stablecoin concept stocks collectively pump, Huaxing Capital Holdings once rose over 16%.
Gate News bot message, after the Hong Kong stock market opened, stablecoin concept stocks showed a collective rise. Among them, Huaxing Capital Holdings had the most significant increase, soaring over 16% at one point. Lianyi Rong Technology followed closely, with an increase of over 9%. Lianlian Digital and China Everbright Holdings also rose nearly 5% and 4% respectively. This trend is closely related to the recent policy developments of the Hong Kong SAR Government. On 6 June, the Government published the Stablecoins Ordinance (Commencement) Notice in the Gazette, specifying that the Stablecoins Ordinance (Cap. 656) will come into operation on 1 August 2025. The next day, Hong Kong’s Secretary for Financial Services and the Treasury Hui Zhengyu said in a radio program that stablecoins are based on fiat currencies and can be used for payment functions in the form of electronic assets through blockchain and other technologies in the future.