3 Crypto-Linked Hong Kong Stocks Surging: Can They Fuel the Next Bull Run?

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The Rise of the Crypto-Linked Stock Surge

When Circle went public and skyrocketed nearly 10x in days, something unexpected happened: the crypto wave didn’t stay in Bitcoin land. It spilled into Hong Kong’s stock market like a well-timed algorithmic flash crash—except this one was bullish.

I’ve watched markets through seven cycles now, and this one feels different. Not because of hype—but because of regulation. For once, policy is actually leading innovation rather than chasing it.

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From Circle to Stablecoins: A Narrative Cascade

The first domino? Circle’s listing. Then came news that Ant Group is applying for stablecoin licenses in Hong Kong and Singapore—a quiet but seismic shift.

That triggered a rally in names like Yunfeng Financial (00376.HK), which jumped 98% on rumors alone. Not speculative fantasy either—this is institutional-grade anticipation.

And then came the real kicker: JD.com’s CEO publicly announced plans to launch a globally compliant stablecoin by Q4 2025. Think about that: a Chinese e-commerce giant aiming to replace cross-border payment rails with its own tokenized asset.

In my view, this isn’t just ‘crypto hype’. It’s tokenized finance infrastructure being baked into mainstream capital markets—with regulators actively inviting participation.

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The Real Game Changer: Licensed Brokerages Go Crypto-Ready

Here’s where things get interesting—and strictly exclusive:

On June 25, Cathay Capital International became the first Chinese-owned brokerage in HK to upgrade its license for full virtual asset services. That means clients can now trade BTC, ETH, USDT… legally and under supervision.

Not only that—competitors like Shengli Securities and Aditya Securities have also completed their upgrades. But here’s the catch they’re not running exchanges; they’re acting as distributors, routing trades through licensed venues like Hashkey Exchange.

This matters because it brings institutional-grade oversight without wild speculation or shady OTC desks.

Still… you need more than just interest to play here. As someone who once traded on margin during a bull run only to learn risk management from a $50k paper loss? I’ll say this flatly: the gatekeepers don’t want you if your portfolio isn’t ready.

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The Gatekeeping Wall: $500K Minimum & KYC Firewalls – And Why It Exists – ✖️ 🔔?✖️ 🔔?✖️ 🔔?✖️ 🔔?✖️ 🔔?✖️ 🔔?✖️ 🔔?✖\ufeff\\\\\\\\\���������������uffffdfffff\\\\\\\\\\\\\“”“�fdfdfdfd”�fdfdfd”�fdfdfd”�fdfdfd”�fdfdfd”�fdfdfd”�fdfdfd”�fdfdfd”�fdfdfd”�fdfdfd”�fdfdfd”\“\”\“\”\“\”\“\”\“\”