最新报道:According to Bijie.com and ME, Citigroup released a research report on October 9th, giving OSL Group (863.HK) a Buy rating and a target price of HK$21.8. The report notes that OSL Group's payment and finance (PayFi) business and the expansion of its compliant digital asset business globally are expected to drive the company's future growth. As of the close of Hong Kong trading on October 10th, OSL Group's share price was HK$16.55 per share, with a market capitalization of HK$13.15 billion. Citigroup stated that OSL Group, amidst increasingly stringent regulatory conditions, is focused on building a compliant digital asset payment and trading gateway. It holds over 60% of the market share in Hong Kong's over-the-counter (OTC) digital asset market. It also possesses a diversified product portfolio to capture stablecoin-related development opportunities. These advantages are the main reasons for the bank's preference for OSL Group's stock. The report noted that OSL Group's diverse product line includes OSL BizPay, which features lower cross-border payment costs and instant settlement for businesses; StableX, a stablecoin issuance solution; and Tokenworks, an asset tokenization service. The bank believes that OSL Group's extensive experience and institutional partnerships in both Web3 and Web2 industries, as well as its diverse product and service offerings, will help it capture future stablecoin-related growth. Citi further stated that OSL Group is building a global compliant channel for digital assets to strengthen its market position. The company's acquisition of Banxa, a global digital asset payment solutions provider, will provide OSL Group with over 50 compliance licenses across 10 regions. The bank stated that as Hong Kong's first listed, licensed, and insured digital asset platform, OSL Group possesses deep liquidity, extensive market relationships, competitive pricing, flexible settlement services, and a comprehensive selection of trading pairs. The bank expects the company to leverage these advantages, along with growing demand for digital assets from institutional investors and a larger customer base, to further strengthen its position in the OTC market.