Fosun bets on stablecoin license and Guo Guangchang personally leads the team to visit the Chief Executive of the Hong Kong government.

date
12/08/2025
Recently, Fosun has confirmed that it has applied for a stablecoin license in Hong Kong and has formed a complete stablecoin license application team. It is understood that on August 6, Guo Guangchang personally led the core team of Fosun's stablecoin team and some other senior executives to separately meet with Carrie Lam, the Chief Executive of the Hong Kong Special Administrative Region, and Paul Chan Mo-po, the Financial Secretary of the Hong Kong Special Administrative Region. The Financial Secretary is the direct superior agency of the Hong Kong Monetary Authority, the regulatory agency for stablecoin license approvals in Hong Kong. As of the time of publication, Fosun has stated that it has no comment on this matter.