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OSL Group fell by more than 8%, falling by more than 35% in the past seven days.

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2024-05-08 06:40:51
OSL Group fell more than 8% in the afternoon, and the cumulative decline in the past seven trading days exceeded 35%. As of press time, it fell 8.01% to HK $7.01, and the turnover was 19.7443 million Hong Kong dollars. On the news, according to OSL data, the first batch of spot virtual asset ETFs in Hong Kong was listed in the first week, and the asset management scale has exceeded 2.40 billion Hong Kong dollars. OSL Digital Securities Co., Ltd. served as the first batch of spot bitcoin and ether ETF virtual asset custody and trading partners launched by China Asset Management (Hong Kong) and Harvest International (HGI), accounting for 76% of the total market share.
Analysts predict that the asset management scale of Hong Kong spot bitcoin and ether ETFs is expected to reach 1 billion US dollars in the future, but whether this goal can be achieved may depend on the improvement speed of infrastructure and ecosystem.
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