PetroChina, one of China's largest state-owned energy enterprises, announced during its semi-annual performance meeting that it is closely monitoring the Hong Kong Monetary Authority's stablecoin licensing policy. The company plans to initiate a feasibility study on using stablecoins for cross-border settlements and payments. This move positions PetroChina as one of the first traditional energy giants to publicly respond to Hong Kong's Stablecoin Ordinance.