Affected by the large A-shares, blockchain stocks in the Chinese concept sector have seen unusual movements?
On September 27, data showed that CFX rose by more than 20% in a single day and rose by about 32% in the past week.
QTUM rose by 4.67% in a single day, and ACH rose by 7.36% in a single day.
The rise of these tokens, especially CFX, may be related to the relaxation of China's financial policies and the surge of A-shares above 3,000 points.
In the eyes of the crypto community, the above-mentioned tokens, including CKB, ONT, etc., are projects created by Chinese teams and belong to Chinese concept coins, or Hong Kong concept coins.
The previous hype of related concepts was Hong Kong through BTC and ETH spot ETFs.
