According to PANews on June 12, Hong Kong stocks related to Ant Financial Services Group rose sharply, including Yunfeng Financial (00376.HK) which once soared 98% and is now up 53%; Lion Holdings (02562.HK) rose nearly 15%; and Yaocai Securities (01428.HK) rose more than 12.5%. Earlier, there were rumors that Ant Group planned to apply for stablecoin licenses in Hong Kong and Singapore. Ant Group responded that it would submit the application as soon as the relevant channels in Hong Kong are opened.