Core Viewpoint - OSL Group is experiencing a significant stock increase following the announcement of a strategic plan to invest up to $30 million in collaboration with industry partners to accelerate the global development of its PayFi ecosystem [1] Group 1: Financial Performance - As of the latest report, OSL Group's stock rose by 3.82% to HKD 17.13, with a trading volume of HKD 22.24 million [1] - In the first half of 2025, OSL Pay generated revenue of HKD 55.9 million, accounting for 29% of the group's total revenue, primarily from the European market [1] Group 2: Strategic Initiatives - OSL launched OSL Pay in April 2025 to optimize fiat and cryptocurrency exchanges, followed by the introduction of OSL Biz Pay for enterprise payment services in July [1] - The company is focusing on establishing a compliant digital asset exchange and payment gateway amid increasing regulatory scrutiny [1] Group 3: Analyst Ratings and Projections - Citigroup initiated coverage on OSL Group with a "Buy/High Risk" rating and a target price of HKD 21.8, reflecting a projected price-to-sales ratio of 22 times for 2025 [1] - The firm anticipates revenue growth of 80%, 60%, and 36% for OSL Group from 2025 to 2027, driven by the expansion of PayFi business and global growth in the regulated digital asset market [1]

Market Overview - The Hang Seng Index fell by 1.61%, down 415 points, closing at 25,472 points, while the Hang Seng Tech Index dropped by 2.81%. The early trading volume in the Hong Kong market was HKD 153.2 billion [1] Energy Sector - Gas stocks rose, with Zhongyu Energy (03633) increasing by over 10%. This surge is attributed to the early initiation of winter heating in Gansu and other regions due to continuous temperature drops, leading to increased natural gas demand [1] Biotechnology Sector - Newly listed stock Xuan Zhu Bio-B (02575) surged over 13%, reaching a new high, and is up more than 190% from its IPO price. Yimai Sunshine (02522) rose over 4% following the global launch of its medical imaging model product AIR. The performance of medical stocks varied, with Yaojie Ankang-B (02617.HK) up over 21%, Baize Medical (02609) up over 5%, while Kangfang Biotech (09926) fell by 2%. Kangning Jereh Pharma-B (09966) increased by over 13% after announcing a share buyback plan, with market attention on significant data from the ESMO conference [2] Precious Metals Sector - Laopu Gold (06181) rose over 4%, benefiting from increased channel expansion and upgrades, with institutions indicating that rising gold prices favor its high-end brand positioning [3] Hospitality Sector - Wanda Hotel Development (00169) increased by over 10% after completing a sale and announcing a special dividend of HKD 0.462 per share to be paid next month [4] Digital Assets Sector - Delin Holdings (01709) rose over 3% after entering a strategic cooperation agreement with Antalpha to promote business in the digital asset sector [5] Telecommunications Sector - Changfei Optical Fiber and Cable (06869) fell over 6%, having dropped 40% from its September peak due to declining fiber optic prices and shareholder sell-offs. Cryptocurrency-related stocks collectively declined, with Bitcoin experiencing significant volatility and a recent incident in the US stablecoin market. Mi Strategy (02440) fell by 4.36%, and OSL Group (00863) dropped by 3.99% [6] Semiconductor Sector - Chip stocks continued to decline, with SMIC (00981) down over 5% and Huahong (01347) down over 3%, as US export controls accelerate domestic semiconductor replacements [6]

Group 1 - The core viewpoint is that cryptocurrency-related stocks in Hong Kong experienced a collective decline on October 17, with notable drops in several companies' stock prices [1] Group 2 - Mistrategy (02440.HK) fell by 4.36%, trading at 2.63 HKD [1] - Xun'an Technology (01647.HK) decreased by 4.3%, with a price of 0.089 HKD [1] - OSL Group (00863.HK) saw a decline of 3.99%, priced at 15.66 HKD [1] - Oko Cloud Chain (01499.HK) dropped by 3.51%, trading at 0.275 HKD [1]

Group 1 - Cryptocurrency concept stocks collectively declined, with notable drops including Meituan Strategy down 4.36% to HKD 2.63, Xiong'an Technology down 4.3% to HKD 0.089, OSL Group down 3.99% to HKD 15.66, and OK Blockchain down 3.51% to HKD 0.275 [1] - Bitcoin futures on CME fell by 3.10% nearing USD 108,000, indicating a bearish trend in the market [1] - The Bitcoin market is facing dual pressures, with a surge in demand for put options as traders are willing to pay higher premiums to hedge against downside risks [1] Group 2 - A significant incident occurred in the cryptocurrency market where a stablecoin worth USD 300 trillion was mistakenly created by Paxos on the Ethereum blockchain, which was later corrected to USD 300 million [2] - The transaction records indicate that Paxos followed standard procedures to mint 300 million PYUSD, but an error led to the inflated figure of 300 trillion [2]

Group 1 - Cryptocurrency concept stocks collectively declined, with notable drops including Mistrust (02440) down 4.36% to 2.63 HKD, Xiong'an Technology (01647) down 4.3% to 0.089 HKD, OSL Group (00863) down 3.99% to 15.66 HKD, and OK Blockchain (01499) down 3.51% to 0.275 HKD [1] - As of Thursday's New York close, the CME Bitcoin futures BTC main contract fell 3.10% compared to Wednesday's New York close, nearing 108,000 USD [1] - The Bitcoin market is facing dual pressures, with a surge in demand for put options indicating traders are willing to pay higher premiums to hedge against downside risks [1] Group 2 - Bitcoin miners deposited approximately 51,000 Bitcoins to exchanges in the past week, marking a new high in several months, potentially preparing for sales [1] - A significant incident occurred in the cryptocurrency market where a 300 trillion USD stablecoin appeared and then vanished shortly after, linked to Paxos, a partner of PayPal in the crypto industry [1] - Paxos mistakenly minted 300 trillion PayPal stablecoins (PYUSD) on the Ethereum blockchain, which was later corrected to 300 million PYUSD, indicating a clerical error [1]

Core Viewpoint - OSL Group (00863) announced the issuance of 10,000 shares on October 16, 2025, as part of the stock option plan established in 2021 [1] Summary by Category - **Company Actions** - OSL Group will exercise stock options under the 2021 stock option plan to issue 10,000 shares [1]

Core Points - OSL Group (00863) announced the issuance of 10,000 shares on October 16, 2025, as part of the stock option plan established in 2021 [1] Summary by Category Company Actions - The company will exercise stock options under the 2021 stock option plan [1] - A total of 10,000 shares will be issued as a result of this action [1] Future Implications - The issuance date is set for October 16, 2025, indicating a planned approach to equity management [1]

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 00863 | 說明 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | | | | 事件 | | 已發行股份（不包括庫存股份）數 目 | | 佔有關事件前的現有已發 行股份（不包括庫存股 份）數目百分比 (註3) | 庫存股份數目 | 每股發行/出售 ...

Group 1 - Cryptocurrency concept stocks experienced a decline on October 14, with Okex Chain (01499.HK) dropping by 9.09% to HKD 0.3 [2] - Jinyong Investment (01328.HK) fell by 6.01% to HKD 6.1 [2] - OSL Group (00863.HK) decreased by 3.72% to HKD 15.54 [2]

Group 1 - Cryptocurrency concept stocks have declined, with Okex Chain (01499) down 9.09% to 0.3 HKD, Jinyong Investment (01328) down 6.01% to 6.1 HKD, and OSL Group (00863) down 3.72% to 15.54 HKD [1] - The virtual currency market has experienced a significant drop, with Bitcoin falling 3% to 111,959.9 USD and Ethereum dropping over 4% to 4,002.45 USD [1] - The recent decline in the cryptocurrency market was triggered by comments from Trump regarding tariffs, leading to a sharp sell-off [1] Group 2 - A trader made a shocking profit of 160 million USD by shorting Bitcoin during the market turmoil, highlighting the volatility and risks in the cryptocurrency sector [1]