Goldstream Investment (01328.HK) saw its stock price soar by 11.25% during intraday trading on Friday, significantly outperforming the broader market. The company's shares experienced a sharp uptick, reaching new highs as investors showed renewed interest in the stock.

The dramatic rise in Goldstream's stock price appears to be closely linked to the gaining momentum of the Hong Kong stablecoin concept. Stablecoins, which are cryptocurrencies designed to maintain a stable value relative to a reference asset, have been attracting increased attention in the Hong Kong financial market. This surge of interest has apparently benefited companies perceived to be involved in or positioned to benefit from the stablecoin ecosystem.

Goldstream's impressive gain was part of a broader trend in the sector, with several other companies also seeing significant increases. Victory Securities and Guotai Junan both rose by 6%, while Lianlian Global saw a 4% increase. Additionally, Dmall and Yeahka both gained 2%. This sector-wide movement suggests that investors are betting on the potential of stablecoins and related technologies to play a significant role in Hong Kong's financial future.