Hong Kong stock concept tracking | The White House in the United States is about to hold its first cryptocurrency summit. The concept of virtual currency has attracted market attention (attached concept stocks)

According to reports, U.S. President Trump will host the first White House cryptocurrency summit on March 7, where industry leaders will gather to discuss regulatory policies, stablecoin regulation, and the potential role of Bitcoin in the U.S. financial system. Trump has previously stated that he intends to prioritize cryptocurrency policy as a national priority, making the U.S. a global center for blockchain innovation. The upcoming summit may set the tone for cryptocurrency regulation in the next four years. In February of this year, the Hong Kong Securities and Futures Commission set out a new roadmap to develop Hong Kong into a global hub for virtual assets. The Securities and Futures Commission of Hong Kong issued the newly developed "ASPIRe" roadmap, outlining 12 key measures under five major pillars to strengthen the security, innovation, and growth of the virtual asset market in Hong Kong. A research report from Pacific Securities previously pointed out that the overseas cryptocurrency market is dominated by Bitcoin, with a huge market size, but the development of sovereign currencies is relatively slow, and issues such as the liquidity and valuation of cryptocurrencies have led to stricter regulations, posing challenges for the expansion of use cases. The approval of Bitcoin ETFs in the U.S. and Hong Kong has expanded investment options and improved trading convenience. Cryptocurrency-related concepts in the Hong Kong stock market: BOYAA (00434): The company announced that on February 28, 2025, it further acquired Bitcoin (BTC) for approximately $7.95 million to purchase about 100 Bitcoins at a cost of about $79,500 each. After this purchase, the company held a total of about 3,350 Bitcoins, with an average cost of about $58,600 each. This purchase was carried out based on the authorization approved at the shareholder meeting to purchase cryptocurrencies. SINOHOPE TECH(01611): The company, formerly known as Huobi Technology, is currently one of the largest cryptocurrency platforms in the world. SINOHOPE TECH mainly provides virtual asset trading and technical solutions services, including providing virtual asset lending asset management services to customers and providing over-the-counter trading platforms to act as an exchange. OSL GROUP(00863): The company participated in the pilot issuance of investment-grade convertible token certificates by UBS in Hong Kong, covering the entire product issuance cycle. The project involves UBS using the Ethereum public chain to issue subscription token certificates linked to OSL digital asset securities. Recently, OSL GROUP cited Hong Kong Exchange data indicating that the total trading volume of three Bitcoin spot ETFs in Hong Kong in November 2024 was approximately 1.2 billion yuan, achieving a monthly trading volume record, of which the Bitcoin ETF launched by Huaxia Fund (Hong Kong), in collaboration with CARNIVAL GROUP, had a total trading volume of 1.06 billion yuan, accounting for approximately 88%.