The Hong Kong stock OSL Group plans to raise HKD 1.55 billion through a 17% discounted placement for strategic acquisitions, stablecoin business, and more

OSL Group (09618.HK) announced that it plans to place approximately 104 million shares at a price of HKD 14.9 per share after the trading session on January 28, which represents about 11.6% of the company's issued share capital after the placement and issuance of new shares. The placement price is approximately 17.2% lower than the closing price on the last trading day. The net proceeds are estimated to be around HKD 1.55 billion.

As a result, OSL Group's stock price fell over 5% during today's trading session, with the latest price reported at HKD 17.01.

It is reported that this is OSL Group's second placement since raising HKD 2.355 billion in July 2025, with the funds still focused on strategic acquisitions and global business expansion initiatives (payment services and stablecoin business).