HK Stock Market Move | IVD MEDICAL(01931) rose over 13%, actively promoting the Web3 exchange ecosystem, preparing to apply for a stablecoin license.

IVD MEDICAL (01931) rose more than 13%, as of the time of writing, it has risen by 13.47% to HKD 2.78 with a trading volume of HKD 3.0399 million. On the news front, IVD MEDICAL announced that the company is actively promoting a milestone strategic initiative, which is to build a "NewCo+RWA" Web3 exchange ecosystem centered around high-tech medical innovation drug assets, named "IVDNewCo Exchange", along with the issuance of proprietary stablecoin (IVDDollar) (IVDD). The announcement pointed out that in order to support the global operation of this ecosystem, the company has initiated multiple cross-border compliance works, highlighting its internationalization strategy. This includes applying for a Hong Kong stablecoin license, advancing preparatory work, and simultaneously initiating preparations for applying for a stablecoin license in the United States. The group plans to sequentially acquire other necessary compliance licenses, such as virtual asset service provider licenses, as well as licenses in the European Union, Singapore, and other relevant locations, in order to build a global compliance network.