Data: Ant Group Concept Stock Yunfeng Financial Surges Sharply, Gains Expand to 53%

Hong Kong-listed Ant Group concept stocks surged sharply, with Yunfeng Financial (00376.HK) soaring as much as 98% and currently up 53%, Sitong Holdings (02562.HK) up nearly 15%, and Bright Smart Securities (01428.HK) rising over 12.5%.

Earlier, according to Bloomberg, Ant Group’s international division is planning to apply for stablecoin licenses in Hong Kong and Singapore. Ant Group responded that it will submit the application as soon as the relevant channel opens in Hong Kong.