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Citibank maintains an "Buy" rating for OSL Group, stating that its 2025 performance meets expectations
ME News update: On April 2 (UTC+8), Citibank released a research report stating that OSL Group (0863.HK) expects its full-year 2025 performance to meet the expectations previously announced, maintaining a “Buy” rating and a target price of HKD 21.8. Citibank noted that OSL Group has established a strategic position as a global stablecoin payments and trading platform. The company’s core operating income surged 150% year-on-year last year, and it has continued to invest in its global expansion. The Citibank report cited OSL Group management as saying that the company expects natural growth in its payments business in 2026, growth from the consolidation of the newly acquired Banxa, growth in its Hong Kong OTC business, and growth in deposit and withdrawal services on trading platforms in Europe and Indonesia to further increase its core operating income, and that it will continue to prioritize its global expansion strategy. (Source: Foresight News)