Chen Haolian: The Hong Kong Government is actively studying the tokenized bond issuance and trading framework to promote the application of tokenized technology

The Zhitong Finance App learned that on December 18, the “Web5 Ecosystem” summit, co-hosted by Fosun Wealth Holdings and Starway Technology, was successfully held in Hong Kong. A number of guests from government agencies, financial regulators and the digital asset sector attended the conference and had in-depth exchanges on tokenized finance, digital asset development, and fintech innovation. Hong Kong's Deputy Secretary for Financial Services and the Treasury, Mr Chan Ho-lim, said at the meeting that the HKSAR Government is actively studying the legal and regulatory framework for issuing and trading tokenized bonds, and discussing further optimization of relevant institutional arrangements to promote the application of tokenized technology in the Hong Kong bond market.

He pointed out that through tokenization, it is possible to improve the efficiency, transparency and liquidity of financial products, enrich Hong Kong's product range in the tokenization and digital asset fields, and consolidate Hong Kong's competitive advantage as an international financial center.

Chan Ho-lei also revealed that the Hong Kong Monetary Authority is steadily advancing a number of digital currency and tokenization-related projects, including promoting commercial banks to explore the launch of tokenized deposits and promoting tokenized real-world asset (RWA) transactions to inject innovative momentum into the financial market.

Participants generally agreed that as the policy environment gradually becomes clear and technology continues to mature, tokenized finance and digital assets are expected to become important growth engines for the Hong Kong financial market, providing global investors with more diversified investment options.