According to Yahoo Finance data from Foresight News, OSL's price briefly broke through 17.5 HKD after market opening today, reaching a 4-year high. Its market value has now exceeded 10 billion HKD, standing at 10.7 billion HKD. Market analysts believe that OSL Group's current rise may be closely related to its acquisition of Banxa, a fiat payment channel service provider. Previously, OSL Group announced plans to acquire all shares of Banxa for 480 million HKD.
Additionally, today's Hong Kong stock stablecoin concept stocks continued their upward trend, with CICC rising 16.07% and Victory Securities rising 8.13%.
