HASHKEY HLDGS (03887) experienced a significant rise of over 9% during afternoon trading. At the time of writing, the stock was up 8.93%, trading at HK$5 with a turnover of HK$11.6732 million. The surge follows news that HashKey, in conjunction with OKX Ventures, has completed a capital injection into CAEX, an operator of a local digital asset trading platform in Vietnam. This investment is intended to help CAEX meet the capital requirements set by Vietnamese regulators for participation in a pilot program for regulated digital asset trading. The collaborating parties plan to explore cooperation in areas such as technology, risk management, and compliance within the established regulatory framework. It is noted that the related business activities will be conducted exclusively for compliant overseas markets. In a separate development, the Hong Kong Monetary Authority is scheduled to announce the first batch of licensed stablecoin issuers on April 10 at 5:00 PM, after which the licensed issuers will meet with the media. Analysis from Zheshang Securities points out that as a leading,稀缺 licensed digital asset exchange based in Hong Kong, HASHKEY HLDGS is well-positioned with a first-mover advantage to capture future inflows of compliant capital.