--- title: "The list of the first batch of stablecoin issuers was unveiled in the afternoon. GUOTAI JUNAN I saw a significant increase of 45%, while YUNFENG FIN rose nearly 18%" type: "News" locale: "en" url: "https://longbridge.com/en/news/282294284.md" description: "The Hong Kong stock market reported 25,881 points in the afternoon today, up 129 points or 0.5%. The Hong Kong Monetary Authority will hold a technical briefing for stablecoin issuers, and the market has reacted enthusiastically to the first batch of licensed financial stocks. Guotai Junan International's stock price rose by 45.04%, while Yunfeng Financial increased by nearly 18%. Bright Smart Securities and China Merchants Securities each rose by about 5% to 6%. HSBC and Standard Chartered Bank are rumored to be among the first institutions to receive stablecoin licenses, with HSBC up 0.7% and Standard Chartered up 1.6%" datetime: "2026-04-10T05:29:11.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282294284.md) - [en](https://longbridge.com/en/news/282294284.md) - [zh-HK](https://longbridge.com/zh-HK/news/282294284.md) --- # The list of the first batch of stablecoin issuers was unveiled in the afternoon. GUOTAI JUNAN I saw a significant increase of 45%, while YUNFENG FIN rose nearly 18% The Hong Kong stock market today (10th) closed at 25,881 points, up 129 points or 0.5%, with a turnover of HKD 150.1 billion. The Hong Kong Monetary Authority held a technical briefing for stablecoin issuers at 5 PM today, followed by a meeting with the media for licensed stablecoin issuers. The market is optimistic about the first batch of licensed financial stocks, with Guotai Junan International (01788.HK) reaching a high of HKD 3.54 in the afternoon. It is currently reported at HKD 3.51, up 45.04%, with trading volume surging to 751 million shares, involving HKD 2.327 billion. Yunfeng Financial (00376.HK) is currently reported at HKD 3.37, up 17.83%, with a trading volume of 15.7131 million shares, involving HKD 49.3424 million. Bright Smart Securities Financial (01428.HK) and China Merchants Securities (06099.HK) each rose about 5% to 6%. The licensed cryptocurrency trading platform OSL Group (00863.HK) and HASHKEY (03887.HK) each rose by 4.9% to 6.8%. It is rumored that at least two issuing banks, HSBC and Standard Chartered Bank, are among the first batch of institutions to be granted stablecoin issuer licenses. HSBC Holdings (00005.HK) is currently up 0.7%, and Standard Chartered Group (02888.HK) is up 1.6% ### Related Stocks - [01788.HK](https://longbridge.com/en/quote/01788.HK.md) - [00376.HK](https://longbridge.com/en/quote/00376.HK.md) - [01428.HK](https://longbridge.com/en/quote/01428.HK.md) ## Related News & Research - [China Healthwise Trims Yunfeng Stake with Nearly HK$2 Million Sale](https://longbridge.com/en/news/282487402.md) - [Bright Smart Securities Moves to Dual CEO Structure, Appoints New Chairman](https://longbridge.com/en/news/282281537.md) - [Bright Smart Securities Overhauls Top Leadership and Board Governance](https://longbridge.com/en/news/282204231.md) - [Bright Smart Securities Details Board and Committee Line-Up Amid Forthcoming Changes](https://longbridge.com/en/news/282358703.md) - [Bright Smart Securities Unveils Board Line-Up and Governance Committee Roles](https://longbridge.com/en/news/282210362.md)