Hong Kong Stock Market Update: Bitcoin briefly surpassed $64,000, MEITU rose over 6%, and SINOHOPE TECH surged over 4%.

In the morning session, concept stocks related to Bitcoin showed active performance. As of the time of writing, MEITU rose by 6.1% to HKD 2.61, SINOHOPE TECH rose by 4.94% to HKD 3.4, and GRANDSHORES rose by 4.44% to HKD 0.094. On the news front, Bitcoin once again staged a surge in prices. Bitcoin briefly broke through $64,000 during the session, hitting a new high since November 2021. Analysts suggest that the direct investment in Bitcoin Exchange Traded Funds (ETFs) has attracted more funds into this field. Meanwhile, investors are anticipating the upcoming halving of mining rewards in April, a situation historically favorable for Bitcoin prices.