Pyth Network has announced the launch of new stock price data for Hong Kong, providing important information for traders and developers.
Launch Overview of Pyth Network
The decentralized oracle network Pyth Network has started publishing real-time prices for 85 of the most valuable stocks listed in Hong Kong. Builders and traders worldwide now have direct access to one of Asia's most significant equity markets.
Stock Price Data
The price feeds are sourced directly from high-reliability institutions and updated every 400 milliseconds across more than 100 blockchains. These feeds cover a combined market capitalization of over 28.8 trillion Hong Kong dollars (about $3.7 trillion), including major players in banking, insurance, energy, and Chinese technology.
Comparison with Other Platforms
The launch of Pyth Network opens access to live Hong Kong stock data that was previously available only through costly terminals and licensing. This presents opportunities to create more advanced financial products for both retail and institutional segments.
With this update, Pyth Network provides traders and developers access to critical information on the Hong Kong stock market, opening new avenues for financial innovation.
