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Citibank maintains an "Buy" rating for OSL Group, stating that its 2025 performance meets expectations.
ME News Report, April 2 (UTC+8), Citibank released a research report stating that OSL Group (0863.HK) expects its full-year 2025 performance to meet previous announced expectations, maintaining a “Buy” rating with a target price of HKD 21.8. Citibank pointed out that OSL Group has established a strategic position as a global stablecoin payment and trading platform, with the company’s core operating income increasing by 150% year-on-year last year, and ongoing investments in its globalization efforts. The Citibank report quoted OSL Group management as saying that the company expects natural growth in payment business in 2026, as well as growth from the full consolidation of the newly acquired Banxa, with Hong Kong OTC business and deposit and withdrawal services on trading platforms in Europe and Indonesia also expected to drive further increases in core operating income, and the company will continue to prioritize its globalization strategy. (Source: Foresight News)