HK Stock Market Move | OSL GROUP (00863) opens more than 14% higher. It is reported that Hong Kong may issue stablecoin licenses to HSBC, Standard Chartered, and OSL.

date
09:23 12/03/2026
avatar
GMT Eight
OSL Group (00863) opened more than 14% higher, and as of the time of writing, has increased by 14.45%, closing at 14.89 Hong Kong dollars, with a trading volume of 3.7746 million Hong Kong dollars.
OSL GROUP (00863) opened more than 14% higher, rising 14.45% to HK$14.89 by the time of writing, with a trading volume of HK$3.7746 million. On the news front, it was reported that HSBC, Standard Chartered Bank, and the Hong Kong-based virtual asset exchange OSL are among the first companies to obtain a stablecoin license in Hong Kong. The list could be announced as early as next week, but it has not been finalized and may still change. The Hong Kong Monetary Authority stated that they do not comment on market rumors.