- Record Turnout Signals City's Rise as Asia's Trading Card Hub
- Event Backed by Virtual Asset Venture MemeStrategy, Entertainment Platform 9GAG
HONG KONG SAR - Media OutReach Newswire - 25 November 2025 - In a city long synonymous with skyscrapers and stock tickers, an unlikely subculture is staking its claim: trading cards. The just-concluded Grade10 Festival, drawing a record 23,000 attendees to Hong Kong's bustling convention hall in Wan Chai, underscored the territory's ascent as Asia's go-to hub for collectors chasing everything from vintage Pokémon rarities to autographed NBA gems. Amid the frenzy, a towering wall of Pikachu cards — each a PSA10 homage to Vincent van Gogh — stole the show, symbolizing how pop culture nostalgia is blending with high-stakes investment in the world's fastest-growing collectibles market.
The event's centerpiece was a world-first installation: over 400 PSA 10-graded "Pikachu with Grey Felt Hat" cards, stacked into a mosaic valued at around HK$5 million (US$641,000). Originally released in 2023 as part of a special Pokémon collaboration with the Van Gogh Museum in Amsterdam, the card pays homage to Van Gogh's Self‑Portrait with Grey Felt Hat, reinterpreted with Pikachu wearing the artist's signature grey felt hat — a cheeky fusion of 19th century genius and 21st century mascot mania. Four such cards, including two flawless PSA 10s, were given out through on-site participation.
Hong Kong's trading card scene is fast becoming a barometer for a regional boom. The global market, valued at US$11.4 billion in 2024, is expected to grow at a CAGR of around 5% through 2033, with Asia-Pacific leading the charge thanks to anime fever and esports crossover. Grading volumes in Hong Kong now rival Chinese Mainland's entire output, per local retailer HobbyX, while tax-free imports and global connectivity make the city a magnet for deal-makers. "I traveled to Hong Kong for the festival because of its strong market growth and unique position as a bridge between Eastern and Western cultures," said James Bui of U.S. exhibitor JayBee Collectibles, one of more than 120 international exhibitors at Grade10 — a new high for the territory. "The city's diverse selection of collectible cards and increasing number of collectors, along with low taxes and convenient transportation, make it an ideal hub for trading cards in Asia."
Overseas participation was notable, with 20% of attendees traveling from outside Hong Kong, among them world‑renowned collector Nick Uliano from the United States. Uliano, celebrated for his extensive Michael Jordan collection, specializes in one‑of‑one rarity cards and autographed Buyback cards reissued by publishers. Commenting on the event, he said: "The 'Grade10 Festival' is a rare large-scale card event in Asia, and its scale and card diversity are impressive. It brings together top collectors and exhibitors from around the world, and I am delighted to participate in person in this international-level collecting event."
That sentiment echoed through the festival's packed aisles, where 60% of the floor space pulsed with anime icons — Pokémon, Dragon Ball, One Piece, Yu-Gi-Oh! — and the rest bowed to sports cards from basketball to soccer.
The festival featured dedicated zones, including areas for grading, gameplay, networking, trading, and the Threads interactive experience. As the first major event jointly supported by publicly listed virtual asset venture MemeStrategy (Stock Code:2440.HK) and online meme platform 9GAG with 200 million users worldwide, the festival introduced the "Threads Wall", developed by 9GAG in collaboration with Meta's Threads. The installation proved a major attraction, drawing influencers and generating high levels of on‑site and online engagement.
Beneath the frenzy lies serious economics. Asia's collectibles surge — from Labubu's to serialized Pokémon merch — has minted millionaires overnight, with cards like the Illustrator Pikachu fetching six figures. Hong Kong, with its free-port status and proximity to manufacturing powerhouses, is positioning itself as the nexus. As Ray Chan, CEO of event backer MemeStrategy Inc., put it amid the post-festival buzz, "Hong Kong isn't just hosting; it's connecting worlds — Japan's IPs to America's collectors, culture to capital."
Hashtag: #MemeStrategy
The issuer is solely responsible for the content of this announcement.
HONG KONG SAR - Media OutReach Newswire - 25 November 2025 - In a city long synonymous with skyscrapers and stock tickers, an unlikely subculture is staking its claim: trading cards. The just-concluded Grade10 Festival, drawing a record 23,000 attendees to Hong Kong's bustling convention hall in Wan Chai, underscored the territory's ascent as Asia's go-to hub for collectors chasing everything from vintage Pokémon rarities to autographed NBA gems. Amid the frenzy, a towering wall of Pikachu cards — each a PSA10 homage to Vincent van Gogh — stole the show, symbolizing how pop culture nostalgia is blending with high-stakes investment in the world's fastest-growing collectibles market.
The event's centerpiece was a world-first installation: over 400 PSA 10-graded "Pikachu with Grey Felt Hat" cards, stacked into a mosaic valued at around HK$5 million (US$641,000). Originally released in 2023 as part of a special Pokémon collaboration with the Van Gogh Museum in Amsterdam, the card pays homage to Van Gogh's Self‑Portrait with Grey Felt Hat, reinterpreted with Pikachu wearing the artist's signature grey felt hat — a cheeky fusion of 19th century genius and 21st century mascot mania. Four such cards, including two flawless PSA 10s, were given out through on-site participation.
Hong Kong's trading card scene is fast becoming a barometer for a regional boom. The global market, valued at US$11.4 billion in 2024, is expected to grow at a CAGR of around 5% through 2033, with Asia-Pacific leading the charge thanks to anime fever and esports crossover. Grading volumes in Hong Kong now rival Chinese Mainland's entire output, per local retailer HobbyX, while tax-free imports and global connectivity make the city a magnet for deal-makers. "I traveled to Hong Kong for the festival because of its strong market growth and unique position as a bridge between Eastern and Western cultures," said James Bui of U.S. exhibitor JayBee Collectibles, one of more than 120 international exhibitors at Grade10 — a new high for the territory. "The city's diverse selection of collectible cards and increasing number of collectors, along with low taxes and convenient transportation, make it an ideal hub for trading cards in Asia."
Overseas participation was notable, with 20% of attendees traveling from outside Hong Kong, among them world‑renowned collector Nick Uliano from the United States. Uliano, celebrated for his extensive Michael Jordan collection, specializes in one‑of‑one rarity cards and autographed Buyback cards reissued by publishers. Commenting on the event, he said: "The 'Grade10 Festival' is a rare large-scale card event in Asia, and its scale and card diversity are impressive. It brings together top collectors and exhibitors from around the world, and I am delighted to participate in person in this international-level collecting event."
That sentiment echoed through the festival's packed aisles, where 60% of the floor space pulsed with anime icons — Pokémon, Dragon Ball, One Piece, Yu-Gi-Oh! — and the rest bowed to sports cards from basketball to soccer.
The festival featured dedicated zones, including areas for grading, gameplay, networking, trading, and the Threads interactive experience. As the first major event jointly supported by publicly listed virtual asset venture MemeStrategy (Stock Code:2440.HK) and online meme platform 9GAG with 200 million users worldwide, the festival introduced the "Threads Wall", developed by 9GAG in collaboration with Meta's Threads. The installation proved a major attraction, drawing influencers and generating high levels of on‑site and online engagement.
Beneath the frenzy lies serious economics. Asia's collectibles surge — from Labubu's to serialized Pokémon merch — has minted millionaires overnight, with cards like the Illustrator Pikachu fetching six figures. Hong Kong, with its free-port status and proximity to manufacturing powerhouses, is positioning itself as the nexus. As Ray Chan, CEO of event backer MemeStrategy Inc., put it amid the post-festival buzz, "Hong Kong isn't just hosting; it's connecting worlds — Japan's IPs to America's collectors, culture to capital."
Hashtag: #MemeStrategy
The issuer is solely responsible for the content of this announcement.
About MemeStrategy
MemeStrategy (Stock Code: 2440.HK) is Asia's first publicly listed digital asset venture, managed by the team behind 9GAG, a globally acclaimed meme platform with over 200 million users. Leveraging its social media and Web3 expertise, MemeStrategy adopts a people-first approach to strategically invest in three key growth pillars: Artificial Intelligence (AI), Blockchain, and Culture, aiming to bridge the new economy with traditional finance and accelerate the development of decentralized technologies.
About Grade10
Grade10 was founded in 2023 to unite Hong Kong's trading card industry and collector community. Over the years, it has grown into the city's premier platform for card enthusiasts and industry professionals. Grade10 is a division of MemeStrategy (Stock Code: 2440.HK), a publicly listed company founded by the team behind 9GAG, a global social platform with over 200 million users worldwide. Since becoming part of MemeStrategy in September 2025, Grade10 has embarked on a new phase of growth, positioning Hong Kong as the festival's annual home and establishing Grade10 as the leading touring event for collectible trading cards and related cultural treasures across Asia. In the collecting world, "Grade 10" signifies the highest standard of excellence. True to its name, the Grade10 Card Show brings fresh energy and opportunities to Asia's collectibles market - offering passionate enthusiasts a vibrant platform to connect, exchange, and showcase their prized collections, while exploring new horizons together with fellow collectors.
** The press release content is from Media OutReach Newswire. Bastille Post is not involved in its creation. **
The Grade10 Festival drew a record 23,000 attendees, cementing Hong Kong's status as Asia's go-to hub for collectors.
More than just cards. This wall of Van Gogh Pikachu cards represents the fusion of pop culture and high-stakes investment in the booming collectibles world.
The event's centerpiece was a world-first installation: over 400 PSA 10-graded "Pikachu with Grey Felt Hat" cards, stacked into a mosaic valued at around HK$5 million (US$641,000).
Prudent Risk Management Yields Solid Outcomes metrics, Core Pawn Business Demonstrates Resilient Growth with Proposed Final Dividend of HK$1.15 cents per share
Results Highlights:
- Profit for the year attributable to shareholders increased by approximately 47.8% YoY to approximately HK$82.6 million
- Net profit margin increased by approximately 16.2 p.p. YoY to approximately 50.2%
- Impairment losses recognized on loan receivables decreased by approximately 72.6% YoY to HK$12.7 million
- Revenue from pawn loan business increased by approximately 12.9% YoY to approximately HK$98.6 million
- Proposed final dividend of HK$1.15 cents per share
HONG KONG SAR - Media OutReach - 27 May 2026 - The board of directors of Oi Wah Pawnshop Credit Holdings Limited (HKEx stock code: 1319.HK, the "Group" or "Oi Wah") announced its annual results and its financial position. For the year ended 28 February 2026 ("FY2026"), the Group recorded revenue of approximately HK$164.4 million. Profit attributable to shareholders of the Company reached approximately HK$82.6 million, representing an increase of 47.8% compared to the year ended 28 February 2025 ("FY2025"). During the year, net interest margin expanded to approximately 17.2%.
As of 28 February 2026, the cash and cash equivalents (net of bank overdraft) amounted to approximately HK$376.9 million, representing a substantial increase of approximately 74.8% YoY. The net assets increased to approximately HK$1,155.7 million. Concurrently, the gearing ratio dropped to 4.1%. During the year, the earnings per share increased by approximately 48.3% YoY to HK 4.3 cents. The Board of Directors recommends a final dividend of HK 1.15 cents per share.
BUSINESS REVIEW
Mortgage loan business
In FY2026, the economy entered a phase of gradual recovery, leading to a steady resurgence in financing demand. The revenue from the mortgage loan business was approximately HK$65.8 million and accounted for approximately 40.0% of the Group's total revenue during the year. The gross mortgage loan receivables were approximately HK$612.5 million as at 28 February 2026. During the year, net interest margin of the mortgage loan business was approximately 10.1%.
In FY2026, the Group maintained a disciplined and risk-sensitive approach in its lending activities. While we observed an encouraging stabilization in the residential property market, the Group exercised intensified vigilance toward the commercial and industrial sectors due to persistent supply overhangs and valuation pressures. Our underwriting strategy remained focused on building a resilient loan portfolio by prioritizing high-quality collaterals and prudent loan-to-value ratios. During the year, the average loan-to-value ratio for first mortgage was approximately 56.27%, while overall average loan-to-value ratio for subordinate mortgage was approximately 40.82% of which, average loan-to-value ratio of subordinate mortgage that the Group participated in was approximately 3.73%.
Reflecting our robust credit risk management, the charge for impairment losses recognized on loan receivables decreased from approximately HK$46.3 million to approximately HK$12.7 million, representing a decrease of approximately 72.6% or HK$33.6 million.
Pawn Loan Business
The revenue from the pawn loan business increased by approximately 12.9% to approximately HK$98.6 million in FY2026. The business's profitability was further bolstered by a significant 73.0% increase in the gain on disposal of repossessed assets, which reached approximately HK$19.2 million as compared to approximately HK$11.1 million in FY2025. This performance was mainly attributed to the unprecedented strength of gold prices and a highly active secondary market for luxuries, particularly high-end timepieces. These factors have further solidified the pawn loan business as a resilient and strategic hedge against broader economic volatility.
During the year, the Group continued to channel resources to advertising and promotion to enhance the Group's brand exposure. Such effort has generated demand for one-to-one pawn loan appointment services for pawn loans exceeding HK$0.1 million.
PROSPECTS
Looking ahead, the Group maintains a stance of cautious optimism regarding the global economic recovery. While macroeconomic and geopolitical uncertainties may persist, we remain dedicated to a proactive yet prudent strategy to ensure sustainable long-term growth and maximize returns for our shareholders.
Within the mortgage loan market, our strategy will be characterized by a calibrated and divergent approach. We continue to hold an optimistic outlook on the residential property segment, where we intend to capitalize on the stabilizing interest rate environment by identifying high-quality mortgage opportunities. Conversely, we maintain cautious and vigilant towards the commercial and industrial sectors. Given the structural challenges of inventory overhang and the increasing prevalence of distressed assets, the Group will exercise intensified oversight in its credit underwriting and collateral appraisal to mitigate valuation risks.
Regarding our core operations, we anticipate our pawn loan business to remain resilient, supported by a firm gold price trajectory and sustained demand for liquidity management. To further enhance operational efficiency, the Group is actively optimizing its pawn shop network. We are strategically identifying more cost-effective locations within our established service areas, aiming to relocate our pawn outlets to premises with more competitive lease terms to reduce operating overheads while maintaining our leading market presence.
Simultaneously, our strategic partnership with PACM Group remains a key driver for geographic diversification. By proactively exploring institutional credit opportunities in developed markets while maintaining rigorous investment oversight, the Group is well-positioned to navigate evolving industry dynamics and deliver stable value to all stakeholders.
Mr. Edward Chan, Chairman and CEO of the Company, said, "Global geopolitical and macroeconomic uncertainties intertwine, placing pressure on the global economic recovery and posing ongoing challenges to the local property market. In the face of a complex external environment, Oi Wah has consistently adhered to a proactive yet prudent management strategy. Our core pawn loan business has fully demonstrated its role as a strategic tool to hedge against macroeconomic fluctuations, showcasing the Group's strong resilience amidst market challenges.
Looking forward, we will adopt a carefully calibrated differentiation strategy and continue to drive regional diversification. Under strict investment monitoring, we will actively explore business opportunities in developed markets to further expand our revenue streams and customer base, striving to deliver long-term, stable, and sustainable returns for our shareholders."
Hashtag: #OiWah
The issuer is solely responsible for the content of this announcement.
About Oi Wah Pawnshop Credit Holdings Limited
Oi Wah is a financing service provider in Hong Kong, mainly providing short-term secured financing, including pawn loans and mortgage loans. The Group established its first pawnshop in 1975 and currently owns 10 pawnshops and one premium service center in various locations in Hong Kong. Oi Wah diversified into mortgage loan business in 2009. The Group is the first local pawn shop which successfully listed on the Main Board of The Stock Exchange of Hong Kong Limited on 12 March 2013.
Results Highlights:
- Profit for the year attributable to shareholders increased by approximately 47.8% YoY to approximately HK$82.6 million
- Net profit margin increased by approximately 16.2 p.p. YoY to approximately 50.2%
- Impairment losses recognized on loan receivables decreased by approximately 72.6% YoY to HK$12.7 million
- Revenue from pawn loan business increased by approximately 12.9% YoY to approximately HK$98.6 million
- Proposed final dividend of HK$1.15 cents per share
HONG KONG SAR - Media OutReach - 27 May 2026 - The board of directors of Oi Wah Pawnshop Credit Holdings Limited (HKEx stock code: 1319.HK, the "Group" or "Oi Wah") announced its annual results and its financial position. For the year ended 28 February 2026 ("FY2026"), the Group recorded revenue of approximately HK$164.4 million. Profit attributable to shareholders of the Company reached approximately HK$82.6 million, representing an increase of 47.8% compared to the year ended 28 February 2025 ("FY2025"). During the year, net interest margin expanded to approximately 17.2%.
As of 28 February 2026, the cash and cash equivalents (net of bank overdraft) amounted to approximately HK$376.9 million, representing a substantial increase of approximately 74.8% YoY. The net assets increased to approximately HK$1,155.7 million. Concurrently, the gearing ratio dropped to 4.1%. During the year, the earnings per share increased by approximately 48.3% YoY to HK 4.3 cents. The Board of Directors recommends a final dividend of HK 1.15 cents per share.
BUSINESS REVIEW
Mortgage loan business
In FY2026, the economy entered a phase of gradual recovery, leading to a steady resurgence in financing demand. The revenue from the mortgage loan business was approximately HK$65.8 million and accounted for approximately 40.0% of the Group's total revenue during the year. The gross mortgage loan receivables were approximately HK$612.5 million as at 28 February 2026. During the year, net interest margin of the mortgage loan business was approximately 10.1%.
In FY2026, the Group maintained a disciplined and risk-sensitive approach in its lending activities. While we observed an encouraging stabilization in the residential property market, the Group exercised intensified vigilance toward the commercial and industrial sectors due to persistent supply overhangs and valuation pressures. Our underwriting strategy remained focused on building a resilient loan portfolio by prioritizing high-quality collaterals and prudent loan-to-value ratios. During the year, the average loan-to-value ratio for first mortgage was approximately 56.27%, while overall average loan-to-value ratio for subordinate mortgage was approximately 40.82% of which, average loan-to-value ratio of subordinate mortgage that the Group participated in was approximately 3.73%.
Reflecting our robust credit risk management, the charge for impairment losses recognized on loan receivables decreased from approximately HK$46.3 million to approximately HK$12.7 million, representing a decrease of approximately 72.6% or HK$33.6 million.
Pawn Loan Business
The revenue from the pawn loan business increased by approximately 12.9% to approximately HK$98.6 million in FY2026. The business's profitability was further bolstered by a significant 73.0% increase in the gain on disposal of repossessed assets, which reached approximately HK$19.2 million as compared to approximately HK$11.1 million in FY2025. This performance was mainly attributed to the unprecedented strength of gold prices and a highly active secondary market for luxuries, particularly high-end timepieces. These factors have further solidified the pawn loan business as a resilient and strategic hedge against broader economic volatility.
During the year, the Group continued to channel resources to advertising and promotion to enhance the Group's brand exposure. Such effort has generated demand for one-to-one pawn loan appointment services for pawn loans exceeding HK$0.1 million.
PROSPECTS
Looking ahead, the Group maintains a stance of cautious optimism regarding the global economic recovery. While macroeconomic and geopolitical uncertainties may persist, we remain dedicated to a proactive yet prudent strategy to ensure sustainable long-term growth and maximize returns for our shareholders.
Within the mortgage loan market, our strategy will be characterized by a calibrated and divergent approach. We continue to hold an optimistic outlook on the residential property segment, where we intend to capitalize on the stabilizing interest rate environment by identifying high-quality mortgage opportunities. Conversely, we maintain cautious and vigilant towards the commercial and industrial sectors. Given the structural challenges of inventory overhang and the increasing prevalence of distressed assets, the Group will exercise intensified oversight in its credit underwriting and collateral appraisal to mitigate valuation risks.
Regarding our core operations, we anticipate our pawn loan business to remain resilient, supported by a firm gold price trajectory and sustained demand for liquidity management. To further enhance operational efficiency, the Group is actively optimizing its pawn shop network. We are strategically identifying more cost-effective locations within our established service areas, aiming to relocate our pawn outlets to premises with more competitive lease terms to reduce operating overheads while maintaining our leading market presence.
Simultaneously, our strategic partnership with PACM Group remains a key driver for geographic diversification. By proactively exploring institutional credit opportunities in developed markets while maintaining rigorous investment oversight, the Group is well-positioned to navigate evolving industry dynamics and deliver stable value to all stakeholders.
Mr. Edward Chan, Chairman and CEO of the Company, said, "Global geopolitical and macroeconomic uncertainties intertwine, placing pressure on the global economic recovery and posing ongoing challenges to the local property market. In the face of a complex external environment, Oi Wah has consistently adhered to a proactive yet prudent management strategy. Our core pawn loan business has fully demonstrated its role as a strategic tool to hedge against macroeconomic fluctuations, showcasing the Group's strong resilience amidst market challenges.
Looking forward, we will adopt a carefully calibrated differentiation strategy and continue to drive regional diversification. Under strict investment monitoring, we will actively explore business opportunities in developed markets to further expand our revenue streams and customer base, striving to deliver long-term, stable, and sustainable returns for our shareholders."
Hashtag: #OiWah
The issuer is solely responsible for the content of this announcement.
About Oi Wah Pawnshop Credit Holdings Limited
Oi Wah is a financing service provider in Hong Kong, mainly providing short-term secured financing, including pawn loans and mortgage loans. The Group established its first pawnshop in 1975 and currently owns 10 pawnshops and one premium service center in various locations in Hong Kong. Oi Wah diversified into mortgage loan business in 2009. The Group is the first local pawn shop which successfully listed on the Main Board of The Stock Exchange of Hong Kong Limited on 12 March 2013.
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