1. Guotai Junan International HK1788 briefly pulled up and broke through HK$7, now at HK$3.84; 2. Metaplanet increased its holdings of 1,234 bitcoins at an average price of US$107,557, worth about US$132.7 million; 3. Sources: Many local Hong Kong brokerages have completed the No. 1 license upgrade, and more institutions may enter the market in the future; 4. A-share Beijing North announced that it would explore stablecoin opportunities and hit the daily limit today, intending to promote the upgrade of Hong Kong business; 5. Affected by the news of approval to provide virtual asset trading services such as cryptocurrencies, Hong Kong-listed Victory Securities (08540.HK) rose by more than 100% in the short term; 6. Analysis: Only cryptocurrencies listed on US-regulated exchanges can be used for "two housing" mortgage reserves; 7. Resupply suffered a suspicious transaction attack and lost about US$9.5 million; 8. Hong Kong Cyberport launched a pilot funding program for blockchain and digital assets, focusing on payment and stablecoins; 9. Resupply suffered a suspicious transaction attack and lost about US$9.5 million 10. Bitcoin spot ETF had a total net inflow of US$548 million yesterday, continuing the net inflow for 12 days; 11. Ethereum spot ETF had a total net inflow of US$60.4085 million yesterday, continuing the net inflow for 3 days.

Odaily News Beijing Beifang, an A-share listed company, announced that it will explore stablecoin business opportunities and said that the construction of the stablecoin ecosystem is similar to the domestic digital RMB ecosystem. The company has previously participated in the system construction of the digital RMB and the digital Macau dollar. It currently has a localized digital currency delivery team in the Greater Bay Area and is promoting the optimization and upgrade of the Hong Kong business delivery model. Perhaps affected by this news, Beijing Beifang's stock price hit the daily limit at 10:34 today, reaching 20.03 yuan, an increase of nearly 10%. (Securities Times)

Odaily News According to Ember's monitoring, whales exchanged 220.1 cbBTC (about $20.81 million) for 6,202.4 ETH at an exchange rate of 0.0354 at the beginning of the year. At that time, BTC was quoted at $94,548 and ETH was quoted at $3,355. If the address holds the currency to date, its BTC holdings will appreciate to about $23.72 million, while ETH is currently worth only $15.35 million, with a paper loss of up to $8.37 million. What is more noteworthy is that the address has recently started a new round of band operations: 4 days ago, 3,158 ETH were sold at a price of $2,378 for about 7.51 million DAI, and then 3 hours ago today, this DAI was used to repurchase 3,053 ETH at a price of $2,460. This round of operations caused it to lose 105 ETH (about $260,000).

Odaily News Sources revealed that many local brokerages in Hong Kong (such as Victory Securities, Aide Securities, etc.) have completed the No. 1 license upgrade, and Guotai Junan International is not the only Chinese brokerage to apply for such a license. In the future, more institutions may enter the market for compliant crypto trading services. The business carried out by the above-mentioned brokerages is a "distribution" trading service, not a proprietary exchange model. It mainly provides compliant trading channels for mainstream currencies such as BTC and ETH by setting up an omnibus account on a licensed exchange, and does not involve high-risk altcoins. At present, the compliance requirements of these brokerages in terms of customer due diligence, suitability management and investor education are basically the same as those of Guotai Junan International, and all prohibit residents of mainland China from participating. (Yicai Global)

Odaily News Hong Kong-listed Victory Securities (08540.HK) rose more than 100% in the short term and is now trading at HK$0.56. On the news front, media reports said that several local Hong Kong brokerages, including Victory Securities, have completed the upgrade of the No. 1 license (securities trading).

Odaily News Metaplanet announced that it purchased 1,234 BTC for approximately $132.7 million, with a unit price of approximately $107,557. As of June 26, 2025, the company holds a total of 12,345 BTC, with a total purchase cost of approximately $1.2 billion and an average cost of approximately $97,036 per BTC. So far this year, the company's Bitcoin yield has reached 315%.