{"id":24775,"date":"2026-03-31T17:44:17","date_gmt":"2026-03-31T17:44:17","guid":{"rendered":"https:\/\/bitunikey.com\/news\/ant-group-takes-control-of-hong-kong-stablecoin-concept-broker-yau-choy\/"},"modified":"2026-03-31T17:44:22","modified_gmt":"2026-03-31T17:44:22","slug":"ant-group-takes-control-of-hong-kong-stablecoin-concept-broker-yau-choy","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/ant-group-takes-control-of-hong-kong-stablecoin-concept-broker-yau-choy\/","title":{"rendered":"Ant Group takes control of Hong Kong \u2018stablecoin concept\u2019 broker Yau Choy"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Ant Group bought a 50.55% stake in Hong Kong broker Yau Choy Securities for about $360M, reshaping its board as it quietly positions for a local stablecoin license.<\/p>\n<div id=\"cn-block-summary-block_e66bd944b905a5a998bd8611eced39be\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Ant Group bought a 50.55% stake in Hong Kong-listed Yau Choy Securities for about $360M, securing control of the \u201cstablecoin concept\u201d brokerage.<\/li>\n<li>The board has been overhauled, with senior Ant executives installed as directors as the fintech giant eyes Hong Kong\u2019s new stablecoin licensing regime.<\/li>\n<li>The deal follows earlier reports that Ant planned to use a Hong Kong broker license to pursue virtual asset and stablecoin approvals in the city.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Ant Group has completed its acquisition of Hong Kong-listed Yau Choy Securities, taking a 50.55% controlling stake in what local markets dub a \u201cstablecoin concept\u201d stock for HKD 2.814 billion, or roughly $360 million. <\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>According to deal documents cited by RootData, Ant agreed to buy about 858 million shares at HKD 3.28 apiece, a 17.6% premium to Yau Choy\u2019s HKD 2.79 closing price on April 22, 2025. <\/p>\n<p>The transaction, executed via Shanghai Yunjin Information Technology \u2014 a vehicle tied to Ant\u2019s internet wealth platform \u2014 gives Alibaba\u2019s fintech arm effective control of a fully licensed Hong Kong brokerage at a time when the city is rolling out dedicated rules for stablecoin issuers and virtual asset trading platforms.<\/p>\n<p>RootData reports that the Yau Choy board has now been \u201ccompletely restructured,\u201d with Ant Group senior managers installed as executive directors. New directors include Zheng Yanlan, head of the overseas business preparation team at Ant Wealth, Ant Group senior vice president Huang Hao, and chief financial officer Liu Zheng, signaling that the company is treating the brokerage as a strategic hub rather than a passive investment. <\/p>\n<p>In a Weex market brief summarizing the change, commentators described Yau Choy as a \u201cHong Kong stablecoin concept stock,\u201d a term traders in the territory have used for firms seen as potential beneficiaries of forthcoming stablecoin regulation.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ant Group bought a 50.55% stake in Hong Kong broker Yau Choy Securities for about $360M, reshaping its board as it quietly positions for a local stablecoin license. Summary Ant&hellip;<\/p>\n","protected":false},"author":1,"featured_media":5175,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-24775","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/24775","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=24775"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/24775\/revisions"}],"predecessor-version":[{"id":24776,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/24775\/revisions\/24776"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/5175"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=24775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=24775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=24775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}