Shares of Hong Kong-listed Duodian Shuzhi surge over 89% at open, company preparing to apply for Hong Kong stablecoin license

According to Jinse Finance, market data shows that the listed company Duodian Digital Intelligence (02586.HK) on a certain exchange surged over 89% at the open and is currently up more than 47%, with its share price now at HKD 13.26 and a market capitalization of HKD 11.2 billion. Duodian Digital Intelligence (02586.HK) announced that it is preparing to apply for a Hong Kong stablecoin license.