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Fosun bets on stablecoin licenses, Guo Guangchang personally leads the team to meet with the Chief Executive of Hong Kong

2025-08-12 14:22:00
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ChainCatcher news, according to Tencent News "Frontline," Fosun has confirmed its application for a stablecoin license in Hong Kong and has formed a complete team for the stablecoin license application.

It is understood that Guo Guangchang personally led the core members of Fosun's stablecoin team and some other executives to meet with the Chief Executive of the Hong Kong Special Administrative Region, John Lee, and the Financial Secretary of the Hong Kong SAR, Paul Chan. The Financial Secretary is the direct superior of the Monetary Authority, which is the regulatory body for the approval of stablecoin licenses in Hong Kong. So far, Fosun has stated that it will not comment on this matter.

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