Techub News reports that according to Tencent News 'Frontline', the Hong Kong listed company Fosun International has formed a team to apply for a Hong Kong stablecoin license, led personally by founder Guo Guangchang, who met with the Chief Executive of the Hong Kong Special Administrative Region, Lee Ka-chao, and the Financial Secretary of the Hong Kong SAR, Paul Chan, on August 6. Among them, the Financial Secretary is the direct superior agency of the Monetary Authority, which is the regulatory body for the approval of the Hong Kong stablecoin license.