Julia Leung, CEO of the Hong Kong Securities and Futures Commission: Recent Volatility in Stablecoin-Related Stocks, Will Monitor Market Activity

According to ChainCatcher, the Hong Kong Economic Times reported that Leung Fung-yee, CEO of the Hong Kong Securities and Futures Commission, stated that recent stock price fluctuations related to the stablecoin concept highlight the need for investors to fully understand the risks and potential financial losses involved in such investments.

In addition to conducting thorough analysis on their own, investors should always be wary of the illusion of attractive returns brought by short-term price volatility and remain cautious about unverified claims, especially those circulating on social media.

The Hong Kong Securities and Futures Commission will continue to closely monitor market activities and will not hesitate to take strong action to maintain market integrity and stability, as well as to protect investors from unnecessary risks.