Understanding the Market | Cryptocurrency concept stocks rise, SINOHOPE TECH up over 12%, OKG TECH up over 9%

Cryptocurrency concept stocks rose. As of the time of publication, SINOHOPE TECH rose 12.1% to HKD 4.91; OKG TECH rose 9.43% to HKD 0.29; Boyaa Interactive rose 5.67% to HKD 5.96; Yunfeng Financial rose 5.52% to HKD 4.59. In terms of news, on October 27, Bitcoin broke through USD 115,000, rising 3.35% during the day. Other mainstream cryptocurrencies also saw an upward trend, with Ethereum's price surpassing USD 4,200, rising over 7% during the day. According to Global Times, Beisent stated in an interview with U.S. media that after a two-day meeting in Kuala Lumpur, both parties reached a "very substantive framework agreement," and the U.S. side "no longer considers" imposing a 100% tariff on China. In addition, the overall U.S. CPI in September was lower than market expectations, showing further signs of cooling inflation