China 33 Media (08087.HK) Plans to Apply for Hong Kong Stablecoin License

TechFlowJul 15, 2025
On July 15th, according to Zhitong Finance, China SanSan Media (08087.HK) issued an announcement stating that the group plans to apply for a Hong Kong stablecoin license. The required funds will be allocated from the net proceeds of the placement of new shares under the general authorization and the company's existing cash reserves. [TechFlow]
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China 33 Media (08087.HK) Plans to Apply for Hong Kong Stablecoin License

TechFlowJul 15, 2025
On July 15th, according to Zhitong Finance, China SanSan Media (08087.HK) issued an announcement stating that the group plans to apply for a Hong Kong stablecoin license. The required funds will be allocated from the net proceeds of the placement of new shares under the general authorization and the company's existing cash reserves. [TechFlow]
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