According to a report by Jinmen Finance, from May 29th to 30th, more than ten securities firms including CITIC Securities, Guotai Haitong, China Merchants Securities, Guojin Securities, Dongwu Securities, Western Securities, and Guosheng Securities held 13 roadshow conferences with the keyword “stablecoin”. In the coming days, CICC, GF Securities and others will also hold teleconferences related to “stablecoins”.

This year, the last time so many securities firms were able to rush to hold teleconferences focusing on the same theme might have been hot topics such as DeepSeek, humanoid robots, and “reciprocal tariffs”.

In recent days, “stablecoin” concept stocks in the A-share and H-share markets, such as Hailian Jinhui, Xiongdi Technology, Langxin Group, Lianlian Digital, and ZhongAn Online, have all strengthened in the short term. On May 29th, Lianlian Digital rose by nearly 45%, and Xiongdi Technology’s maximum increase in the past two trading days reached 44%.

According to the overseas research team of Huaxi Securities, a “stablecoin” is a type of cryptocurrency that maintains a relatively stable value by establishing an anchoring relationship with fiat currencies (such as the US dollar or the Chinese yuan), commodities, or other assets. Its original intention of birth was to effectively solve the problem of significant price fluctuations of virtual currencies such as Bitcoin.