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2026-03-25
07:53

National People's Congress delegate proposes amending the People's Bank of China Law to clarify the legal status of digital renminbi as legal tender

National People's Congress Deputy Fu Xiguo submitted a proposal recommending to accelerate the revision of the "People's Bank of China Law," clarifying the legal status of digital RMB and the central bank's core responsibilities to ensure its circulation security and the rights of financial consumers. At the same time, legal regulations should be established to address counterfeiting and tampering behaviors.
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12:08

The management team and shareholders of OSL Group donated HKD 3 million to support the aid and reconstruction of the fire disaster in Tai Po, Hong Kong.

Foresight News reports that the management and shareholders of OSL Group will personally donate HKD 3 million to support emergency relief and post-disaster reconstruction efforts for the fire at Hong Fu Court in Tai Po, Hong Kong. OSL Group expresses deep sorrow over this major incident, paying heartfelt tribute and condolences to the deceased, extending sincere care and sympathy to the affected residents, and expressing high respect for the frontline firefighters and rescue personnel. OSL Group stated, "We are always ready to provide necessary support and actively participate in community reconstruction efforts together with the citizens and society of Hong Kong, working hand in hand to overcome difficulties."
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