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Hong Kong BC Technology Group

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BC Technology Group: Its virtual asset trading platform OSL and Harvest International plan to launch tokenized retail fund products in Hong Kong

Hong Kong BC Technology Group (00863) announced that its wholly-owned subsidiary, OSL Digital Securities Limited, and Harvest Global Investments Limited (HGI) have submitted a proposal to the Hong Kong Securities and Futures Commission (SFC) on November 1, 2023, to explore the launch of tokenized retail fund products ("Fund Tokens") in the Hong Kong retail market. The proposal aims to comply with SFC's regulatory guidelines on tokenized financial products in Hong Kong. After being authorized by SFC, it is expected that these Fund Tokens will be made available to retail investors in Hong Kong.