Hong Kong Stock Market Update: OSL Group falls more than 4% as the company's name change takes effect. Hong Kong's first Bitcoin spot ETF is expected to be listed after the Spring Festival.

BC Technology Group is currently down more than 4%, and as of the time of writing, it has fallen 4.55% to HKD 6.3, with a turnover of HKD 3.3157 million. In terms of news, BC Technology Group announced that starting from 9:00 am on February 5, 2024, the English stock abbreviation for the company's shares traded on the Hong Kong Stock Exchange will be changed from "BC TECH GROUP" to "OSL GROUP", and the Chinese name will be changed from "BC 科技集团" to "OSL 集团". It is worth noting that, according to reports, CSOP Asset Management Hong Kong submitted an application for a Bitcoin spot ETF to the Hong Kong Securities and Futures Commission on January 26, becoming the first institution in Hong Kong to submit such a product. The report stated that the Hong Kong Securities and Futures Commission is accelerating the review of the first Hong Kong Bitcoin spot ETF and plans to list it on the Hong Kong Stock Exchange after the Spring Festival.