Hong Kong Stock Market News | OSL Group rises nearly 10% against the market trend, the company participates in the pilot issuance of investment-grade convertible token by UBS Group AG in Hong Kong.

OSL Group rises nearly 10% against the market, as of the time of writing, up 9.66% to HKD 7.49, with a turnover of HKD 14.9827 million. In terms of news, UBS Group AG announced the launch of Hong Kong's first Ethereum network tokenized warrants. OSL Group announced its participation in the pilot issuance of investment-grade tokenized warrants by UBS Group AG in Hong Kong, covering the entire product issuance cycle. The project involves UBS Group AG using the Ethereum public chain to issue subscription warrants linked to OSL digital asset securities and stocks. It is worth noting that, according to reports, CSOP Asset Management Hong Kong submitted an application for a Bitcoin spot ETF to the Hong Kong Securities and Futures Commission on January 26, becoming the first institution in Hong Kong to submit such a product. The report stated that the Hong Kong Securities and Futures Commission is accelerating the review of the first Hong Kong Bitcoin spot ETF and plans to list it on the Hong Kong Stock Exchange after the Spring Festival.