HK-Listed China Sansan Embraces Stablecoins After Securing HKMA Payment License, Plans Payment & Prepaid Card Expansion

In its 2025 mid-year report, China Sansan Media Group confirmed it holds a Hong Kong Monetary Authority payment license and plans to expand its payment and prepaid card business while pursuing additional financial licences. The filing frames this as a regulatory-driven growth initiative aimed at diversifying fee-based income and reinforcing operational compliance.

The group also cited stablecoins as a strategic pathway into the cryptocurrency sector and is evaluating related, compliant opportunities to support long-term sustainable development. Market data showed the company’s shares rose about 1.63% on the day of the report.