Hong Kong Stock Market News | OSL Group Surges Nearly 5% as Hong Kong Bitcoin Spot ETF Approval Imminent

Zhitong
2024.04.11 03:28
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OSL Group rose nearly 5%, as of the time of publication, it rose by 4.76% to HKD 9.47, with a turnover of HKD 16.6891 million. On the news front, on April 10th, the Hong Kong Securities and Futures Commission updated the list of fund companies managing virtual assets on its official website, adding Jia Shi International and Huaxia Fund (Hong Kong). These two companies, on the basis of their existing asset management business, have added virtual asset management services. Analysts in the industry believe that obtaining this qualification means that the Hong Kong market's Bitcoin spot ETF product is only a step away from being launched and is expected to be implemented in the near future. It is reported that the company is a digital asset and financial technology company, and its OSL digital asset platform is the first and currently the only digital asset platform in Hong Kong that has been licensed by the Hong Kong Securities and Futures Commission and has insurance coverage, providing institutional and professional investors with services such as bulk trading, trading, custody, and settlement of digital assets

According to the Vantage News app, OSL Group (00863) rose nearly 5%, as of the time of publication, it rose by 4.76% to HKD 9.47, with a turnover of HKD 1668.91 million.

On the news front, on April 10th, the Hong Kong Securities and Futures Commission updated the list of fund companies managing virtual assets on its official website, adding Jia Shi International and Huaxia Fund (Hong Kong). These two companies, on the basis of their existing asset management business, have added virtual asset management services. Industry insiders analyze that this approval implies that the Hong Kong market's Bitcoin spot ETF product is on the verge of being launched.

It is reported that the company is a digital asset and financial technology company. Its OSL digital asset platform is the first and currently the only digital asset platform in Hong Kong to be licensed by the Securities and Futures Commission and covered by insurance, providing institutions and professional investors with services such as bulk brokerage of digital assets, trading, custody, and settlement

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