Hong Kong Kaw stocks: Ouke Cloud Chain down 2.71%, Huobi technology down 3.72%

2020-10-5 16:10
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At today's close in Hong Kong, the Hang Seng index was up 1.32% to 23,767.78 points, while Ouke Cloud Chain (01499.HK), a subsidiary of Ouke Group, was down 2.71% to close at HK. $ 0.215, Huobi Technology (01611). HK) closed at HK $ 4.46, closing at 3.72%.

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Note: DeFi Tokens Dominate Despite Market Slowdown
DeFi tokens have seen a slowdown in recent market reforms, but still have annual returns, beincrypto warns. Data from Messari Crypto shows 45 DeFi tokens are up 745% year-to-date and 240% in the past 90 days. In the short term, the token has fallen 8.5% over the past 30 days, indicating a trade reversal. DeFi tokens have a market capitalization of around $ 5.3 billion, which is only 1.5% of all crypto assets. The best DeFi token of 2020 is Aave's LEND, which has increased 2.925% since early 2020. LEND is now moving to AAVE which includes a 100x reduction. The company's second best performance in 2020 was YFI with a 1670% increase. However, YFI's stock price has fallen 30% in the past seven days, falling below $ 20,000. However, not all DeFi tokens have been successful, one of them being SUSHI, which has fallen over 90% on an all-time basis.
2020-10-5 15:46