LIANLIAN (02598), also known as Lianlian DigiTech, saw its stock price plummet by 8.84% during intraday trading on Friday. The significant drop comes as part of a broader selloff affecting Hong Kong-listed stablecoin-related stocks.
The downturn in stablecoin stocks appears to be widespread, with several companies in the sector experiencing substantial losses. While the exact catalyst for this sector-wide decline remains unclear, it suggests a potential shift in investor sentiment or regulatory concerns surrounding stablecoin-related businesses.
Other notable declines in the sector include Linklogis, which fell by 13%, and China EB, down by 11%. Additionally, ZA Online and Yeahka saw their stock prices decrease by 7% and 6% respectively. This synchronized downturn highlights the broader challenges facing companies involved in the stablecoin and digital finance space in the Hong Kong market.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。