BC Technology Group stock resumed trading, rose to HK$5.1 in the short term and then fell back

Stock of BC Technology Group, the parent company of OSL, resumed trading on the Hong Kong Stock Exchange today. The closing price before the resumption of trading was HKD 4.92, and the opening price today was HKD 4.97, rising to HKD 5.1 at one point. It is now reported at HKD 4.51, a decrease of 8.33% compared to the closing price before the resumption of trading. Yesterday, it was reported that the cryptocurrency group BGX made a strategic investment in BC Technology Group, the parent company of OSL, a licensed virtual asset trading platform in Hong Kong, subscribing to new shares worth approximately HKD 710 million. The transaction is subject to shareholder approval.