Group 1 - The Hong Kong stock market and traditional asset management are experiencing steady growth, with significant developments in digital assets. The government plans to release a second policy declaration on digital asset development to outline future policy directions [1][2] - The Hang Seng Index has increased by over 3,800 points this year, representing a rise of approximately 20%, making it one of the top performers among major global indices. The average daily trading volume in the stock market has increased by about 120% year-on-year, reaching HKD 242 billion [1] - As of March this year, the number of registered funds in Hong Kong reached 976, with a net inflow of over USD 44 billion, marking a growth of 285%. Hong Kong is expected to become the largest cross-border asset management center globally within the next two to three years [1] Group 2 - Hong Kong has made significant progress in digital finance, green finance, and the offshore RMB market. Since the first policy declaration on digital asset market development at the end of 2022, the market has accelerated, with 10 virtual asset trading platforms licensed and 8 more applications being processed [2] - The government plans to introduce specific measures to better integrate traditional financial services with technological innovations in the digital asset sector, enhancing the safety and flexibility of digital assets in real economic activities [2] - The recently passed Stablecoin Ordinance will establish a licensing system for fiat-backed stablecoin issuers, effective from August 1. The global stablecoin market is estimated to be around USD 240 billion, with over USD 20 trillion in trading volume last year, indicating a growing demand for stablecoins [2]
香港即将就数字资产发展发表第二份政策宣言
Xin Hua Wang·2025-06-15 09:01