# CryptoStocksSurgeInHongKong

#Crypto Stocks Surge in Hong Kong Hong Kong crypto stocks have seen a significant surge, with some stocks rising over 40% recently. Here are some key developments ¹ ²:
- *OSL Group*: OSL's share price increased by 18% to HK$14.6, reaching its highest level in one year. This surge follows the approval of a virtual asset license for Guotai Junan International, a major Chinese brokerage.
- *Guotai Junan International*: Guotai Junan's share price surged over 200% after receiving approval for virtual asset trading services. This makes it the first Chinese brokerage in Hong Kong to offer such servic

🚀 #Crypto Stocks Surge in Hong Kong
A strong wave of rise in stocks linked to the crypto market!
Shares of cryptocurrency-focused companies listed on the Hong Kong stock exchange have gained significant value in recent days. Notably, there have been increases of 10% to 30% in companies focused on digital asset mining and blockchain technologies.
📈 The main reasons behind this rise:
The increase of crypto-friendly regulations in the Asia region
The renewed interest of institutional investors in the digital asset sector
The growth of blockchain-based infrastructure investments
💼 These develo

SOL found support at a major low of $125.99.
It is currently showing signs of a potential W-shaped reversal.
After being rejected at $148.83, the price is consolidating around $145.56.
This consolidation suggests that SOL is preparing for a potential breakout.#Crypto Stocks Surge in Hong Kong