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.
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.
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Tencent has officially announced an update on the "WorkBuddy" tool, which can automatically generate daily and weekly reports.

HK Stock Market Move | JNBY (03306) rose by over 3% again, with mid-term profit growth exceeding expectations due to better than expected net profit margin performance.

HK Stock Market Move | Collective decline in gold stocks, strong US dollar and inflation concerns suppressing gold prices. The pace of Fed rate cuts may still be uncertain.

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