OSL Group's stock price opened up 10.56%, with a market value exceeding HKD 10 billion

According to Foresight News, according to Yahoo Finance data, the price of OSL briefly broke through HKD 17.5 after opening today, reaching a four-year high. At present, its market value has exceeded HKD 10 billion, reporting HKD 10.7 billion. Market analysis suggests that OSL Group's recent rise may be closely related to the acquisition of fiat channel service provider Banxa. Previously, OSL Group announced plans to acquire all shares of Banxa for HKD 480 million. In addition, stablecoin concept stocks in Hong Kong continued to rise today, with Guotai Junan International up 16.07% and Shengli Securities up 8.13%.