Hong Kong Hits the Breaks on Crypto Treasury Firms—Premium Could Disappear ‘In a Day’ Warns Regulator

Hong Kong has resisted the crypto treasury trend. Credit: Jimmy Chan via Pexels. Key Takeaways The Hong Kong Stock Exchange has pushed back against firms pivoting to digital asset treasury (DAT) strategies. HKEX rules prevent listed companies from hoarding assets they don’t require for operational purposes. Securities and Futures Commission (SFC) Chairman Wong Tin-yau has flagged risks to investors. As the digital asset treasury (DAT) trend spreads across the globe, authorities in Hong Kong have h ...