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[Daiwa Securities Reaffirms 'Buy' Rating for OSL Group, Target Price HK$18.8] Daiwa Securities released a research report on December 1, reaffirming its 'Buy' rating for OSL Group (863.HK) with a target price of HK$18.8 per share. The report highlighted that OSL Group has established a differentiated competitive advantage through global expansion and transitioning into payment financial services. It continues to acquire licenses related to payments and digital assets, launching relevant payment infrastructure and products. In contrast, HashKey has tightened its overseas business expansion due to cash flow constraints and unfavorable conditions in the crypto market. Daiwa Securities stated that, given the limited market size in Hong Kong and tightened regulations on digital assets in mainland China, it is more optimistic about OSL Group's prospects for global expansion and payment transformation.