OSL: Compliant enterprise-grade stablecoin USDGO surpasses $500 million in circulation.

Osl Group (00863.HK) announced that the circulating supply of its compliant, enterprise-grade stablecoin USDGO has exceeded USD 500 million. The Group stated that USDGO is pegged 1:1 to the U.S. dollar and is fully backed by high-quality liquid assets, including cash and short-term U.S. Treasury securities. It has also established a diversified ecosystem encompassing reserve management, payments, trading, and infrastructure, tailored to real-economy use cases such as cross-border payments, fiat on- and off-ramps, and institutional fund transfers.

AASTOCKSJun 16 17:18

SFC: Licensed Hong Kong firms may continue to serve existing mainland China clients, but must not provide services within mainland China.

Licensed firms in Hong Kong may continue to open new accounts for investors from mainland China (i.e., investors using a Chinese Resident Identity Card and/or a Chinese passport as proof of identity), provided that all account opening requirements are met.

Securities TimesJun 10 17:04

Standard Chartered's Kendrick maintains his year-end target of $100,000 for Bitcoin.

Geoffrey Kendrick, Standard Chartered Bank’s Global Head of Digital Assets Research, maintains that Bitcoin will reach $100,000 by year-end, as most of the selling pressure may already be over. Kendrick noted that the largest cryptocurrency endured a 'painful' week—down more than 12%—following Strategy’s (MSTR.US) disclosure on Monday (the 1st) of its first partial sale of holdings since 2022. While further downside risk remains if Bitcoin falls below $60,000, he added that given Bitcoin has significantly underperformed equities this year, the remaining long

AASTOCKSJun 5 09:39

Bitcoin fell another 6%, breaching the $63,000 level; China Bitcoin ETF (03042.HK) dropped more than 6%.

The cryptocurrency sell-off continues, with Bitcoin falling 6.32% to $62,328 and Ethereum also dropping 5.67% to $1,746.30, according to CoinDesk data. Prediction market platform Kalshi estimates there is nearly an 80% chance that Bitcoin will fall below $60,000 this year and a 52% chance it will drop below $50,000. Hong Kong-listed cryptocurrency ETFs came under pressure, with Harvest Bitcoin ETF (03042.HK) hitting an intraday low of HK$7.475. It was last trading at HK$7.625, down 6.56%, with turnover of 1.9182 million shares worth HK$14.5977 million. FA南方比特幣(0

AASTOCKSJun 4 10:16

Hong Kong Market Close: Hang Seng Index falls 1.56%, dropping below the 26,000 mark! Semiconductor and optical communication sectors surge逆势.

Hong Kong stocks plunged today, primarily due to a broad pullback in technology shares that had surged the previous day, compounded by direct bearish catalysts including Goldman Sachs downgrading its rating on H-shares and Tencent dampening enthusiasm around AI-related market hype—collectively extinguishing investors' bullish sentiment. By the close, the Hang Seng Tech Index posted the steepest decline, falling 2.74%, while the Hang Seng Index and the Hang Seng China Enterprises Index dropped 1.56% and 1.9%, respectively, with the Hang Seng Index slipping below the 26,000 mark. In sector performance, internet and tech stocks—which had soared yesterday—underwent a widespread correction, exerting significant downward pressure on the broader market; Meituan declined nearly 6%, and JD.com fell more than 4%. AI application and application software stocks, which showed strength yesterday, were broadly weak today. Airline, port, and shipping stocks also came under pressure, alongside auto and mainland property devel

Gelonghui FinanceJun 3 16:22

OSL has become the primary distribution partner for China Asset Management's Digital Gold ETF.

PANews, May 28 — OSL Group (863.HK), a global stablecoin payment and trading platform, announced today that it has become a primary distributor of China AMC Digital Gold ETF. The fund, launched by China AMC (HK) Limited, will be listed on the Hong Kong Exchange on May 29, 2026, becoming Hong Kong’s first fully tokenized gold ETF. It is the world’s first and only tokenized gold ETF offering subscription and redemption in three currencies—U.S. dollars, Hong Kong dollars, and renminbi. The underlying physical gold is held in institutional-grade vaults in Hong Kong and is fully insured. Standard Chartered Bank will also serve as the fund’s related custodian.

PANewsMay 28 16:00