BUZZ-Hong Kong-listed OSL falls most in 3-1/2 months on discounted share sale

Reuters01-29

** Shares of digital assets and blockchain platform operator OSL Group 0863.HK fall 7.8% to HK$16.6, on track for their biggest one-day pct drop since October 17

** Stock on track to snap four straight sessions of gains

** OSL plans sale of 104.7 mln new shares, or 11.6% of the enlarged share capital, to a key shareholder, raising HK$1.56 bln ($199.96 mln) to fund acquisitions and development of payment services and stablecoin business, among others

** Says the new shares will be issued at HK$14.9 each, a 17.2% discount to Wednesday's close of HK$18

** Key shareholder will buy the new shares following sale of the same amount of existing shares at the same price to third party investors

** YTD, stock down 1.2%, while the Hang Seng Composite Index tracking information technology firms .HSCIIT up 3.7%

($1 = 7.8015 Hong Kong dollars)

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2607777084?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-01-29 14:13","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2607777084","market":"nz","top_or_hot":-1,"title":"BUZZ-Hong Kong-listed OSL falls most in 3-1/2 months on discounted share sale","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Hong Kong-listed OSL falls most in 3-1/2 months on discounted share sale</title></head><body><p>** Shares of digital assets and blockchain platform operator OSL Group <span>0863.HK</span> fall 7.8% to HK$16.6, on track for their biggest one-day pct drop since October 17</p><p>** Stock on track to snap four straight sessions of gains</p><p>** OSL <span>plans sale</span> of 104.7 mln new shares, or 11.6% of the enlarged share capital, to a key shareholder, raising HK$1.56 bln ($199.96 mln) to fund acquisitions and development of payment services and stablecoin business, among others</p><p>** Says the new shares will be issued at HK$14.9 each, a 17.2% discount to Wednesday's close of HK$18</p><p>** Key shareholder will buy the new shares following sale of the same amount of existing shares at the same price to third party investors</p><p>** YTD, stock down 1.2%, while the <a href=\"https://laohu8.com/S/HSNGF\">Hang Seng</a> Composite Index tracking information technology firms <span>.HSCIIT</span> up 3.7%</p><p>($1 = 7.8015 Hong Kong dollars)</p><p> (Reporting by Donny Kwok)</p><p> ((donny.kwok@thomsonreuters.com))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BUZZ-Hong Kong-listed OSL falls most in 3-1/2 months on discounted share sale</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBUZZ-Hong Kong-listed OSL falls most in 3-1/2 months on discounted share sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-01-29 14:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Hong Kong-listed OSL falls most in 3-1/2 months on discounted share sale</title></head><body><p>** Shares of digital assets and blockchain platform operator OSL Group <span>0863.HK</span> fall 7.8% to HK$16.6, on track for their biggest one-day pct drop since October 17</p><p>** Stock on track to snap four straight sessions of gains</p><p>** OSL <span>plans sale</span> of 104.7 mln new shares, or 11.6% of the enlarged share capital, to a key shareholder, raising HK$1.56 bln ($199.96 mln) to fund acquisitions and development of payment services and stablecoin business, among others</p><p>** Says the new shares will be issued at HK$14.9 each, a 17.2% discount to Wednesday's close of HK$18</p><p>** Key shareholder will buy the new shares following sale of the same amount of existing shares at the same price to third party investors</p><p>** YTD, stock down 1.2%, while the <a href=\"https://laohu8.com/S/HSNGF\">Hang Seng</a> Composite Index tracking information technology firms <span>.HSCIIT</span> up 3.7%</p><p>($1 = 7.8015 Hong Kong dollars)</p><p> (Reporting by Donny Kwok)</p><p> ((donny.kwok@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1131","symbol_name":"金融交易所和数据","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260129:nL1N3YU091:1","article_id":"2607777084","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2607777084","pubTimestamp":1769667218,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Hong Kong-listed OSL falls most in 3-1/2 months on discounted share sale** Shares of digital assets and blockchain platform operator OSL Group 0863.HK fall 7.8% to HK$16.6, on track for their biggest one-day pct drop since October 17** Stock on track to snap four straight sessions of gains** OSL plans sale of 104.7 mln new shares, or 11.6% of the enlarged share capital, to a key shareholder, raising HK$1.56 bln  to fund acquisitions and development of payment services and stablecoin business, among others** Says the new shares will be issued at HK$14.9 each, a 17.2% discount to Wednesday's close of HK$18** Key shareholder will buy the new shares following sale of the same amount of existing shares at the same price to third party investors** YTD, stock down 1.2%, while the Hang Seng Composite Index tracking information technology firms .HSCIIT up 3.7%  ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1131":"金融交易所和数据","BK1612":"加密货币概念","BK1619":"稳定币概念","00863":"OSL集团"},"translate_title":"BUZZ-香港上市OSL因股票折扣出售而创下三个半月来最大跌幅","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00863":0.9},"content_text":"BUZZ-Hong Kong-listed OSL falls most in 3-1/2 months on discounted share sale** Shares of digital assets and blockchain platform operator OSL Group 0863.HK fall 7.8% to HK$16.6, on track for their biggest one-day pct drop since October 17** Stock on track to snap four straight sessions of gains** OSL plans sale of 104.7 mln new shares, or 11.6% of the enlarged share capital, to a key shareholder, raising HK$1.56 bln ($199.96 mln) to fund acquisitions and development of payment services and stablecoin business, among others** Says the new shares will be issued at HK$14.9 each, a 17.2% discount to Wednesday's close of HK$18** Key shareholder will buy the new shares following sale of the same amount of existing shares at the same price to third party investors** YTD, stock down 1.2%, while the Hang Seng Composite Index tracking information technology firms .HSCIIT up 3.7%($1 = 7.8015 Hong Kong dollars) (Reporting by Donny Kwok) ((donny.kwok@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2607777084","isCrawlerRequest":true}