Financial Exchanges and Data

OSL GROUP

Futu Holdings Completes HKDAP Stablecoin Transfer Test with OSL Group

OSL Group Launches Compliant Stablecoin USDG

OSL HK Opens Bitcoin Trading to Professional Investors

OSL Group Joins Mastercard Crypto Partnership Program

OSL HK Launches Pro Trade for Institutional-Grade USD-Backed Stablecoin USDGO

OSL Group issues 2.9753 million new shares under 2025 Share Award Plan

DBS Analyst Upgrades OSL Group to Buy

OSL and Futu Complete Travel Rule Integration for HK Digital Asset Market

OSL's USDGO Stablecoin Circulation Reaches $130M with Goldman Sachs Support

OSL Group Transforms Business with Stablecoin Cross-border Payments

OSL Group Completes Strategic Upgrade to Become a Global Stablecoin Payment and Trading Platform

OSL GROUP released FY2025 Q3 earnings on March 31 (BJT), actual revenue HKD 146.67 M, actual EPS HKD -0.2344

OSL GROUP released FY2025 9 Months Earnings on March 31 (BJT), actual revenue HKD 342.1 M, actual EPS HKD -0.2996

OSL Group Announces 2025 Earnings and Accelerates Global Expansion

OSL GROUP released FY2025 annual earnings on March 31 During-Market (BJT), actual revenue HKD 488.77 M (forecast HKD 545.79 M), actual EPS HKD -0.5699 (forecast HKD -0.1506)

OSL GROUP released FY2025 Q4 earnings on March 31 During-Market (BJT), actual revenue HKD 146.67 M, actual EPS HKD -0.2344

OSL GROUP to release FY2025 earnings report on March 31 During-Market (BJT), forecast revenue HKD 554.06 M, EPS HKD -0.1529

Liu Shuai Increased Stake in OSL Group Limited to 28.98%

OSL HK launches institutional-grade compliant stablecoin USDGO

OSL Group Completes Placement Raising HKD 1.55 Billion

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OSL Group Limited (0863) has been upgraded to a Buy rating by DBS analyst Manyi Lu, with a price target of HK$18.50. Lu, a 5-star analyst, has an average return of 23.7% and an 84% success rate. The current analyst consensus for OSL Group is a Moderate Buy, also with an average price target of HK$18.50.

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OSL Group Limited (0863) was upgraded to a Buy Rating at DBS

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OSL GROUP has launched real-world asset (RWA) tokens MatrixdockGold (XAUm) and MatrixdockSilver (XAGm) on its digital asset exchange OSLHK in Hong Kong. As a major global gold trading center, Hong Kong has the advantages and demand for tokenized products. The company plans to gradually open trading to retail investors, currently only allowing professional investors to trade over-the-counter. The underlying assets of XAUm and XAGm adhere to the delivery standards of the London Bullion Market Association, ensuring the native properties of the assets

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OSL launches gold and silver RWA products, highlighting the tokenization advantages of the Hong Kong Gold Trading Center

OSL Group is positioning itself as a key player in Hong Kong's stablecoin ecosystem following the Hong Kong Monetary Authority's announcement of the first stablecoin issuer licenses. The company is integrating travel rule solutions to enhance compliance in stablecoin transactions. While OSL aims for significant revenue growth and improved earnings by 2029, it faces challenges with ongoing operating losses. Analysts suggest a fair value of HK$20.24 per share, indicating a potential 53% upside, but caution remains regarding the impact of heavy compliance costs on profitability.

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Does OSL’s Stablecoin Compliance Push Reshape Its Long-Term Role in Hong Kong’s Crypto Hub (SEHK:863)?

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EASY SMART GP(02442) fell 25.36%, with a trading turnover 22.8 Million HKD, and a year-to-date rose 47.6%. GUOTAI JUNAN I(01788) fell 12.94%, with a trading turnover 1.4 Billion HKD, and a year-to-date rose 5.5%. EEKA FASHION(03709) fell 10.07%, with a trading turnover 17.4 Million HKD, and a year-to-date fell 18.6%.

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OSL GROUP fell 16.54%; Hong Kong Stock Exchange fell 1.71%, with a transaction volume of HKD 459 million; Jiufang Zhitu Holdings fell 3.41%, with a transaction volume of HKD 35.62 million; HASHKEY HLDGS fell 9.44%, with a transaction volume of HKD 8.01 million; BaiRong Cloud-W fell 5.28%, with a market value of HKD 3.387 billion

HK Stock Alerts

Hong Kong Stock Movement: OSL GROUP fell 16.54%, the approval of the stablecoin license raised market concerns and volatility

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The Hong Kong Monetary Authority will announce the first batch of stablecoin licenses at 5:00 PM on April 10, with plans to issue 2 to 3 licenses under strict regulatory standards. The HKMA has completed the final review of 36 applications and has entered the official public notice phase. HKMA Chief Executive Eddie Yue emphasized that the number of initial licenses will not be large, aiming for stability

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First Batch of Hong Kong Stablecoin Licenses to Be Announced This Afternoon

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OSL Group's OSL HK has launched the "OSL VIP Elite Migration" program, allowing users to migrate their assets to the new platform while matching their original VIP levels. After migration, users can enjoy additional VIP upgrade privileges and exclusive services, including ultra-low rates, institutional-level protection, and customized Alpha insights. Jason Liu, head of global exchange operations at OSL, stated that the group is committed to popularizing digital assets and enhancing public understanding and confidence in them

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OSL GROUP's platform launches a migration plan to deepen and popularize institutional-level services for digital assets

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Stablecoins are increasingly impacting cross-border payments, with OSL Groupleading the charge. In 2025, OSL's revenue surged by 150.1% to HK$534 million, driven by stablecoin trading, which constitutes 60% of its volume. The company is transforming stablecoins from speculative tools to essential infrastructure for businesses, offering compliant solutions like USDGO and OSL BizPay. This shift allows for faster, cheaper transactions compared to traditional systems like SWIFT. OSL's focus on compliance and regulatory licenses positions it as a preferred choice for institutions in the evolving digital payment landscape.

- The global stablecoin market, exceeding $230 billion, is reshaping cross-border payments, with OSL Group leading the change through its compliance-driven infrastructure.  
- OSL's innovations, including the launch of the USDGO stablecoin and its BizPay solution, cater to businesses needing efficient, regulated payment options, emphasizing the importance of compliance in attracting institutional clients.  
- Despite a net loss of HK$388 million in 2025, OSL's revenue growth and strategic investments indicate a commitment to becoming a comprehensive player in the stablecoin ecosystem as regulatory frameworks continue to evolve.

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Stablecoins are killing SWIFT. Someone has already laid the pipeline.

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Hong Kong regulators have missed their March target for issuing the first stablecoin licenses, with approvals still pending as of April. The Hong Kong Monetary Authority (HKMA) is reviewing 36 applications, focusing on reserve asset disclosures and anti-money laundering controls. Major banks like HSBC and Standard Chartered are expected to be among the first to receive licenses. The delay reflects Hong Kong's cautious approach to crypto regulations, with only twelve crypto exchange licenses issued since 2020. The HKMA's careful review process follows past enforcement issues, including the JPEX case in 2023.

- Hong Kong regulators are delayed in issuing stablecoin licenses, with approvals still pending as of early April.  
- The Hong Kong Monetary Authority (HKMA) is reviewing 36 applications but requires refinements on reserve disclosures and anti-money laundering controls.  
- This cautious approach reflects Hong Kong's historical regulation of crypto, with only twelve crypto exchange licenses granted since 2020.

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Hong Kong misses March target for first stablecoin licenses

OSL GROUP announced its 2025 annual performance, with revenue of 489 million yuan, an increase of 30.4% year-on-year. It recorded a loss of 387 million yuan, compared to a net profit of 55.91 million yuan in the previous year, turning from profit to loss; the loss per share is 57 cents. No final dividend will be distributed

"Performance" OSL GROUP reported a full-year loss of 387 million yuan, turning from profit to loss

OSL GROUP(00863.HK)