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

How to balance risk and return in DeFi yields?

Tom Lee's Ethereum Thesis: Why the Man Who Called the Last Cycle Is Doubling Down on Bitmine
Tom Lee is emerging as one of Ethereum’s most influential supporters. From Fundstrat to Bitmine, his Ethereum thesis combines staking yield, treasury accumulation, and long-term network value. Here is why “Tom Lee Ethereum” has become one of crypto’s most watched narratives.

Naval personally takes the stage: The historic collision between ordinary people and venture capital

a16z Crypto: 9 Charts to Understand the Evolution Trends of Stablecoins

Refutation of Yang Haipo's "The End of Cryptocurrency"

Can a hairdryer earn $34,000? Interpreting the reflexivity paradox of prediction markets

6MV Founder: In 2026, the "landmark turning point" for crypto investment has arrived

Abraxas Capital Mints $2.89 Billion USDT: Liquidity Boost or Just More Stablecoin Arbitrage?
Abraxas Capital just received $2.89 billion in freshly minted USDT from Tether. Is this a bullish liquidity injection for crypto markets, or is it business as usual for a stablecoin arbitrage giant? We analyze the data and the likely impact on Bitcoin, altcoins, and DeFi.

A VC from the Crypto world said AI is too crazy, and they are very conservative

The Evolutionary History of Contract Algorithms: A Decade of Perpetual Contracts, the Curtain Has Yet to Fall

Kicked out by PayPal, Musk aims to make a comeback in the cryptocurrency market

Solana ETF News: What Is a Solana ETF and Why Is Goldman Sachs Betting $108 Million on SOL?
Solana ETF news today shows Goldman Sachs disclosed a $108M position while total SOL ETF inflows reached $1.45B. Analysts now expect up to $6B in institutional demand as Solana trades 71% below its all-time high.

Bitcoin ETF News Today: $2.1B Inflows Signal Strong Institutional Demand for BTC
Bitcoin ETFs news recorded $2.1B inflows over 8 consecutive days, marking one of the strongest recent accumulation streaks. Here’s what the latest Bitcoin ETF news means for BTC price and whether the $80K breakout level is next.

Michael Saylor: Winter is Over – Is He Right? 5 Key Data Points (2026)
Michael Saylor tweeted yesterday “Winter‘s Over.” It is short. It is bold. And it has the crypto world talking.
But is he right? Or is this just another CEO pumping his bags?
Let us look at the data. Let us be neutral. Let us see if the ice has really melted.

WEEX Bubbles App Now Live Visualizes the Crypto Market at a Glance
WEEX Bubbles is a standalone app designed to help users quickly understand complex crypto market movements through an intuitive bubble visualization.

Polygon co-founder Sandeep: Writing after the chain bridge chain explosion

Major Upgrade on Web: 10+ Advanced Chart Styles for Deeper Market Insights
To deliver more powerful and professional analysis tools, WEEX has rolled out a major upgrade to its web trading charts—now supporting up to 14 advanced chart styles.

Morning Report | Aethir secures a $260 million enterprise contract with Axe Compute; New Fire Technology acquires Avenir Group's trading team; Polymarket's trading volume surpassed by Kalshi
How to balance risk and return in DeFi yields?
Tom Lee's Ethereum Thesis: Why the Man Who Called the Last Cycle Is Doubling Down on Bitmine
Tom Lee is emerging as one of Ethereum’s most influential supporters. From Fundstrat to Bitmine, his Ethereum thesis combines staking yield, treasury accumulation, and long-term network value. Here is why “Tom Lee Ethereum” has become one of crypto’s most watched narratives.
