[Binance Launches Quanto Perpetual Contracts for Tencent and Xiaomi Hong Kong Stocks] July 22 news: Binance announced the official launch of its Quanto perpetual contracts for HK0700USDT (Tencent) and HK1810USDT (Xiaomi) Hong Kong stock trading. Binance's Quanto perpetual contracts allow users to trade non-USD-denominated stocks using local currencies without the need for currency exchange, reducing trading barriers while enhancing convenience. Binance's TradFi products now support 140 trading pairs, with the trading volume of TradFi perpetual contracts reaching nearly $100 billion over the past week, continuously expanding the one-stop trading experience for traditional financial assets.