Zhou Yuchen holds shares in OSL GROUP (00863) and has the same name as the founder of the world's second largest cryptocurrency exchange Bybit.

According to the latest data from the Hong Kong Stock Exchange, on February 3rd, Zhou Yuchen increased his holding of 7 million shares of OSL GROUP (00863), the parent company of the Hong Kong virtual asset trading platform OSL Digital Securities, and his new shareholding ratio has exceeded 5% after the increase. Zhou Yuchen coincidentally shares a name with Ben Zhou, the founder of Bybit, the world's second largest cryptocurrency platform that once applied for a Virtual Asset Trading Platform License (VATP) in Hong Kong. On December 27th last year, the Securities Commission Malaysia (SC Malaysia) mentioned Bybit CEO Ben Zhou's full name as "Zhou Yuchen" in an enforcement action against Bybit, criticizing Bybit and its CEO Ben Zhou (Zhou Yuchen) for operating a digital asset exchange (DAX) without registration in the country. It is worth noting that OSL GROUP has frequent changes in ownership and has also introduced some individuals with backgrounds in Bybit. In November 2023, OSL GROUP issued shares to the cryptocurrency investor Liu Shuai's BGX. Liu Shuai's shareholding ratio increased to nearly 30%, while the original major shareholder, the industrial stock shell king Gao Zhenshun and Lu Jianbang's East Harvest, diluted to 29.96%. Subsequently, after multiple rounds of reduction in holdings by Gao Zhenshun, his shareholding fell below the 5% disclosure threshold. In August last year, OSL GROUP appointed Cui Song as the new CEO. Cui Song has previously worked at companies such as Bybit, Fangduoduo, and Google. In September last year, OSL appointed Zhang Yinghua as the Chief Institutional Business Officer (CIBO). Before joining OSL, Zhang Yinghua served as Vice President and Head of Institutional Business at Bybit. In addition, OSL GROUP completed the acquisition of the licensed cryptocurrency exchange platform CoinBest in Japan and officially renamed it OSL Japan on February 6th this year to facilitate the company's global expansion. OSL GROUP focuses on the digital asset field and is in a rapidly developing industry environment. With the maturation of the cryptocurrency market and the gradual increase in institutional investment in digital assets, OSL's stock price is expected to rise.