BiyaPay Analyst: Food Delivery Battle Ignites Bubble Tea Stocks, BiyaPay Supports Users to Trade Hong Kong Stock Underlyings with USDT
BlockBeats News, July 7th, a BiyaPay analyst stated that the three major Hong Kong stock indices experienced volatile fluctuations, with significant inflow of funds from the mainland surpassing 11 billion Hong Kong dollars. The Hang Seng TECH Index saw a slight increase of 0.25%, while the Hang Seng Index and the Mainland Enterprise Index experienced slight declines. The overall market showed a bottoming out and rebounding trend. Despite considerable gains in Kuaishou and Tencent, Alibaba and JD.com saw slight increases, while Meituan encountered seven consecutive bearish trends due to the "food delivery war," with a 1.5% decline.
This summer, alongside the high temperatures, and with the subsidy policies of food delivery platforms, the tea beverage market has seen robust growth. Chabaidao and Guming saw increases of 11% and 6% respectively, while Mxicy and Shanghai Auntie also saw significant gains, each rising by over 5%. Mxicy's stock price has tripled this year, making it a shining star in the tea beverage industry.
The BiyaPay analyst expressed that for investors, the rising trend of tea beverage stocks presents abundant investment opportunities. However, the Hong Kong stock market is highly volatile, making it especially important to choose the right investment tools. BiyaPay supports users in trading Hong Kong and U.S. stocks using USDT, without the need for an offshore account, enabling easy participation in the global stock market. Through the BiyaPay platform, users can enjoy zero-fee spot and contract trading, as well as real-time access to global market dynamics, allowing them to seize various investment opportunities.
You may also like

Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market

Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"

Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious

The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?

The little deer live by the water and grass

The world belongs to Chinese people who speak English

Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth

Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot

Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply

Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer

Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?

$1.3 Billion Debt: BitDeer Faces Tough Battle

Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No

Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund

Ethereum Unveils Scaling Roadmap, What's Different This Time?

Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?
