Hong Kong Stocks in Focus | Bitcoin Breaks Above $93,000; LINEKONG (08267) Surges Over 22%, OKG (01499) Jumps Over 17%

Stock News01-05

The cryptocurrency-themed stocks exhibited significant strength. At the time of writing, LINEKONG (08267) rose 22.41% to HK$0.355; OKG (01499) increased 17.49% to HK$0.215; New Huo Technology Holdings (01611) climbed 11.07% to HK$3.01; and Boyaa Interactive (00434) advanced 8.38% to HK$3.88.

The price of Bitcoin surpassed $93,000 on January 5th, marking an intraday gain of nearly 2%. David Schassler, Head of Multi-Asset Solutions at investment management firm VanEck, previously suggested that Bitcoin, the largest cryptocurrency, might be positioning for a substantial rally next year.

In the firm's recently published 2026 outlook, Schassler wrote, "Year-to-date, Bitcoin's performance has lagged the Nasdaq 100 Index by approximately 50%. This divergence positions it to potentially become the top-performing asset in 2026."

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