The Zhitong Finance App learned that OSL Group (00863) once rose by nearly 10%. As of press release, it had risen 5.44% to HK$7.37, with a turnover of HK$206.938 million.
According to the news, the year-on-year growth rate of the US CPI and core CPI slowed in April, reviving expectations of interest rate cuts. After the data was released, the fall in the US dollar drove assets such as Bitcoin higher. The price of Bitcoin surged above $66,000 on Wednesday, the best day since March 2023.
Furthermore, according to OSL data, in the first week of listing of the first batch of spot virtual asset ETFs in Hong Kong, the asset management scale exceeded HK$2.4 billion. OSL Digital Securities Co., Ltd. acted as the first batch of virtual asset escrow and trading partners for the first batch of spot Bitcoin and Ethereum ETFs launched by Huaxia Fund (Hong Kong) and Harvest International (HGI), accounting for 76% of the total market share.
