---
title: "[Daily Announcement] XUNCE (3317) signed a cooperation agreement with Shenzhen Data Exchange, and institutions under HSBC (5) and STANCHART (2888) were approved for the first batch of stablecoin licenses"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282476671.md"
description: "XUNCE Technology has signed a strategic cooperation agreement with the Shenzhen Data Exchange to promote data assetization and artificial intelligence business. Shenghong Technology has started its IPO today, with an offering price of HKD 209.88 per share, and is expected to be listed on April 21. The Monetary Authority has issued the first batch of stablecoin licenses to institutions under HSBC and STANCHART, and licensed issuers must complete relevant preparations before launching compliant stablecoins"
datetime: "2026-04-13T02:44:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282476671.md)
  - [en](https://longbridge.com/en/news/282476671.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282476671.md)
---

# [Daily Announcement] XUNCE (3317) signed a cooperation agreement with Shenzhen Data Exchange, and institutions under HSBC (5) and STANCHART (2888) were approved for the first batch of stablecoin licenses

## Shenghong Technology starts its IPO today, raising nearly HKD 21.2 million at HKD 209.88 per share

NVIDIA (NVDA.US) supplier Shenghong Technology (2476.HK) begins its IPO today (13th), with a subscription of 100 shares at a price of HKD 209.88 per share, resulting in a minimum entry fee of HKD 21,199.67. The subscription period ends on April 16, with listing expected on the 21st.

## Xunce Technology signs agreement with Shenzhen Data Exchange to jointly promote data assetization and AI business

Xunce (3317.HK) has signed a strategic cooperation agreement with the Shenzhen Data Exchange, which is under the Shenzhen municipal government. Both parties will jointly expand data elements and artificial intelligence innovation businesses, co-establish a data assetization and data asset entry service system, and create a standardized system for embodied intelligent data.

## The Monetary Authority approves the first batch of stablecoin licenses, with HSBC and Standard Chartered subsidiaries authorized to issue

The Monetary Authority has issued the first batch of stablecoin issuer licenses to HSBC (0005.HK) and the fintech company under Standard Chartered (2888.HK). The licenses became effective last Friday (10th). The Monetary Authority stated that licensed issuers must complete relevant preparations, including technology platform and system testing, risk management measures, and human resource arrangements, before officially launching compliant stablecoins in Hong Kong. HSBC plans to launch a Hong Kong dollar-denominated stablecoin in the second half of 2026, while Standard Chartered plans to issue Hong Kong dollar stablecoins in phases starting this quarter

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- [Hong Kong Greenlights Stablecoins: HSBC, StanChart JV Win First Licenses](https://longbridge.com/en/news/282369005.md)
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