Investment Rating - The industry is rated as "Recommended" based on the positive outlook for the digital asset sector and its expected growth due to regulatory advancements [2][32]. Core Insights - The digital asset market is poised for accelerated growth as regulatory frameworks are established, with Hong Kong aiming to become a global innovation hub for digital assets [5][16]. - The release of the "Hong Kong Digital Asset Development Policy Declaration 2.0" emphasizes the LEAP framework, which focuses on legal and regulatory optimization, expanding tokenized product categories, promoting application scenarios, and developing talent and partnerships [16][17]. - The approval of 41 institutions for license upgrades indicates a growing acceptance and integration of virtual asset services within traditional financial frameworks [10][13]. Summary by Sections 1. Hong Kong Digital Asset Regulatory Legislation - Guotai Junan International has become the first Hong Kong-based Chinese broker to offer comprehensive virtual asset trading services after upgrading its license [9]. - A total of 41 institutions have received license upgrades, including 38 brokers, 1 bank, and 1 internet company, indicating a significant shift towards virtual asset services [10][13]. 2. Artificial Intelligence Industry Chain Update - Multiple domestic companies are accelerating their deployment in the AI agent sector, transitioning from technical exploration to practical applications across various industries [20][24]. - Intel plans to outsource marketing positions to Accenture, aiming to enhance operational efficiency and digital capabilities through AI [20]. 3. Market Performance Review - The computer sector saw a 7.71% increase in the fourth week of June 2025, with notable performers including Tianli Technology and ST Guangdao [25].
计算机周观察20250629：香港虚拟资产服务相关牌照梳理-20250629