【导读】《香港数字资产发展政策宣言2.0》重磅发布！胜利证券大涨近45%！ 中国基金报记者 郭玟君 6月26日，恒生指数收跌0.61%，报24325.40点，结束四日连涨；恒生科技指数跌0.26%，恒生中国企业指数跌0.63%。全日市场成交额 为 2617亿港元。南向资金净买入额 为 52.86亿港元。 | 恒生指数 | 恒生国企 | 恒生科技 | | --- | --- | --- | | 24325.40 8803.83 | | 5345.16 | | -149.27 -0.61% -55.46 -0.63% -13.86 -0.26% | | | 成交额突出个股方面，国泰君安国际成交267.70亿港元，下跌4.32%；阿里巴巴成交97.80亿港元，下跌2.86%；腾讯控股成交76.65亿 港元，上涨0.10%。 从行业表现看，恒生行业指数日内多数下跌，医疗保健业指数跌1.63%，能源业指数跌1.41%，非必需性消费行业指数跌1.3%。涨幅方 面，原材料业指数涨2.86%，必需性消费行业指数涨0.23%，资讯科技业指数涨0.19%。 从盘面来看，Wind概念板块多数下跌，国内零售指数跌4.31%，中资券商 ...

Group 1 - The Hong Kong government aims to establish itself as a global innovation hub in the digital asset sector through the release of the "Hong Kong Digital Asset Development Policy Declaration 2.0" [1] - The declaration emphasizes building a trustworthy and innovative digital asset ecosystem, prioritizing risk management and investor protection while delivering tangible benefits to the real economy and financial markets [1] - A unified and comprehensive regulatory framework for digital asset service providers is being developed, covering exchanges, stablecoin issuers, trading service providers, and custodians [1] Group 2 - The government plans to regularize the issuance of tokenized government bonds and clarify stamp duty arrangements for tokenized exchange-traded funds to enhance liquidity and accessibility [2] - A licensing mechanism for stablecoin issuers will be implemented on August 1, facilitating the development of practical application scenarios [2] - The government is committed to collaborating with industry and academia to foster talent development, positioning Hong Kong as a center for digital asset knowledge sharing and international cooperation [2]

Group 1 - The State Council issued a plan to improve the credit repair system, focusing on ten aspects for comprehensive regulation [1] - The National Development and Reform Commission announced that the third batch of funds for the consumption upgrade program will be distributed in July [2] - The Civil Aviation Administration of China prohibited passengers from carrying non-3C marked or recalled power banks on domestic flights to ensure aviation safety [2] Group 2 - The Hong Kong government released the "Hong Kong Digital Asset Development Policy Declaration 2.0," aiming to establish Hong Kong as a global innovation center in the digital asset field [3] - Several local brokers in Hong Kong have completed the upgrade of their licenses, indicating a growing interest in the digital asset market [3] Group 3 - The domestically developed Loongson 3C6000 processor was launched, matching the performance of mainstream products expected in 2023 or 2024, showcasing China's advancements in independent technology [4]

Core Viewpoint - The Hong Kong government aims to establish the region as a global innovation hub for digital assets through the release of the "Hong Kong Digital Asset Development Policy Declaration 2.0" which introduces the "LEAP" framework focusing on legal and regulatory optimization, expanding tokenized product varieties, advancing use cases and cross-sector collaboration, and talent and partnership development [1][10] Group 1: Legal and Regulatory Optimization - The policy declaration outlines a comprehensive regulatory framework for digital asset service providers, including trading platforms, stablecoin issuers, and custodians, with the Hong Kong Securities and Futures Commission (SFC) as the main regulatory body [3][5] - The government will conduct a thorough review of existing laws to facilitate the tokenization of real-world assets and financial instruments, including the issuance and trading of tokenized bonds [3][11] - Hong Kong will continue to implement international standards related to digital assets, aligning with recommendations from various global financial regulatory bodies [3][4] Group 2: Expansion of Tokenized Products - The government has issued tokenized green bonds totaling approximately HKD 6.8 billion, showcasing the benefits of tokenization and plans to regularize the issuance of tokenized government bonds [8] - Tax exemptions for tokenized ETFs will be clarified to encourage market development, with proposals for tax relief expected to take effect in the 2025/2026 tax year [8] - The government aims to promote broader tokenization of assets and financial instruments across various sectors, including precious metals and renewable energy [8] Group 3: Advancing Use Cases and Cross-Sector Collaboration - A licensing mechanism for stablecoin issuers will be implemented on August 1, aimed at fostering practical applications of digital assets [9] - The government will enhance collaboration among regulatory bodies, law enforcement, and technology providers to develop digital asset infrastructure [9] - Initiatives such as the Digital Port's blockchain and digital asset pilot funding program will support projects with significant market impact [9] Group 4: Talent and Partnership Development - The government is committed to collaborating with industry and academia to foster talent development in the digital asset space [9] - Hong Kong aims to position itself as a center for knowledge sharing in digital assets and promote international cooperation through joint research initiatives [9][12]

Core Viewpoint - Huaxing Capital is strategically advancing into the WEB 3.0 and digital asset sectors, appointing experienced independent directors and allocating a budget of $100 million for development in these areas [1][5]. Group 1: Personnel Changes - Frank Fu Kan and Chen Jiali have been appointed as independent non-executive directors, with Fu bringing over 30 years of experience in technology and blockchain, and Jiali serving as the chair of the audit committee [2][1]. Group 2: Strategic Initiatives - The company plans to invest in stablecoins, Real World Assets (RWA), and the entire digital asset ecosystem, with a focus on obtaining and upgrading relevant business licenses [1][5]. - Huaxing Capital aims to leverage its innovative capabilities to bridge the gap between Web 2.0 and Web 3.0, enhancing its industry leadership and shareholder value [5][6]. Group 3: Performance and Market Position - Since the introduction of the "Huaxing 2.0 Era," the company has shown strong performance, particularly in artificial intelligence and mergers and acquisitions, with a notable IPO of Circle Internet Group, which saw its stock price rise over 800% from the initial offering [3][4]. - The company has a history of successful investments in the blockchain sector, including leading roles in the IPOs of various tech firms [4][5]. Group 4: Regulatory Environment - The global regulatory landscape is evolving, with many governments recognizing digital assets as reserve assets, and Hong Kong is actively promoting legislation for stablecoin licenses [6][7]. - Huaxing Capital is positioned to capitalize on these regulatory developments, enhancing its role in the digital asset and WEB 3.0 sectors [6][7].

Core Viewpoint - The Hong Kong Special Administrative Region government aims to establish Hong Kong as a global innovation hub in the digital asset sector through the release of the "Hong Kong Digital Asset Development Policy Declaration 2.0," building on initiatives from the first declaration issued in October 2022 [1] Group 1: Legal and Regulatory Optimization - The Hong Kong government is developing a unified and comprehensive regulatory framework for digital asset service providers, which includes digital asset trading platforms, stablecoin issuers, trading service providers, and custodians [2] - The Securities and Futures Commission (SFC) will be the main regulatory body for licensing digital asset trading and custody service providers, while the Financial Services and the Treasury Bureau and the Hong Kong Monetary Authority will lead a comprehensive review of laws to facilitate the tokenization of real-world assets [2] Group 2: Expansion of Tokenized Products - The government plans to regularize the issuance of tokenized government bonds and provide incentives for the tokenization of real-world assets, including clarifying stamp duty arrangements for exchange-traded funds [3] - There is an intention to promote broader tokenization of assets and financial instruments, showcasing the technology's application across various sectors, including precious metals and renewable energy [3] Group 3: Advancing Use Cases and Cross-Sector Collaboration - A licensing mechanism for stablecoin issuers will be implemented on August 1, which will help advance practical application scenarios [3] - The government aims to enhance collaboration among regulatory bodies, law enforcement, and technology providers to develop digital asset infrastructure, alongside launching a pilot funding program for blockchain and digital asset projects with market impact [3] Group 4: Talent and Partnership Development - The government is committed to collaborating with industry and academia to foster talent development, positioning Hong Kong as a center for knowledge sharing in digital assets and promoting international cooperation [4] - The Financial Secretary emphasized the potential of digital assets in financial technology, aiming to create a sustainable talent pool through the cultivation of entrepreneurs, researchers, and technical experts [4]

Company Insights - Guotai Junan International has received approval from the Securities and Futures Commission to provide virtual asset trading services, marking a strategic upgrade from traditional securities services to a comprehensive digital asset service hub [1] - As the first Chinese broker to obtain this license, Guotai Junan has established a full-service capability in virtual asset trading, custody, consulting, issuance, and derivatives [2] - The core value of this upgrade includes the opening of high-value revenue sources through cryptocurrency and stablecoin trading commissions, cross-border stablecoin clearing profits, and structured derivative design and issuance [2] Industry Implications - The approval of Guotai Junan serves as a significant demonstration effect for leading brokers, accelerating competition within the industry [3] - This development validates the feasibility of Chinese brokers engaging in compliant virtual asset operations, paving the way for other major firms like CITIC Securities and CICC to follow suit [3] - The focus of competition is shifting from low-value, homogeneous channel services to building core capabilities in cross-border digital financial infrastructure, including clearing hubs and securitization engines [3] Non-Bank Ecosystem - The wave of virtual asset compliance will reshape the entire non-bank financial industry chain, accelerating the formation of a collaborative ecosystem around digital asset issuance, circulation, management, and application [4] - Financial technology companies will see a surge in demand for blockchain infrastructure, smart contract auditing, and on-chain compliance monitoring services [4] - Payment institutions will seamlessly integrate into the stablecoin clearing system, significantly enhancing efficiency and sharing transaction fees, while asset management companies will develop new programmable assets to meet global investor demand [4]

Core Viewpoint - The Hong Kong government aims to establish the city as a global innovation hub in the digital asset sector through the release of the "Hong Kong Digital Asset Development Policy Declaration 2.0," which builds on the initiatives proposed in the first declaration from October 2022 [1] Group 1: Legal and Regulatory Streamlining - The government is constructing a unified and comprehensive regulatory framework for digital asset service providers, including trading platforms, stablecoin issuers, and custodians, with the Securities and Futures Commission (SFC) as the main regulatory body for licensing [2] - A comprehensive review of legislation will be conducted by the Financial Services and the Treasury Bureau and the Hong Kong Monetary Authority to facilitate the tokenization of real-world assets and financial instruments [2] Group 2: Expanding Tokenized Products - The government plans to regularize the issuance of tokenized government bonds and provide incentives for the tokenization of real-world assets, aiming to enhance liquidity and accessibility [3] - There will be a push for broader tokenization of assets and financial instruments across various sectors, including precious metals and renewable energy [3] Group 3: Advancing Use Cases and Cross-Sectoral Collaboration - A licensing mechanism for stablecoin issuers will be implemented on August 1, which will help advance practical application scenarios [4] - The government is committed to enhancing collaboration among regulatory bodies, law enforcement, and technology providers to develop digital asset infrastructure [4] Group 4: People and Partnership Development - The government aims to collaborate with industry and academia to promote talent development, positioning Hong Kong as a center for digital asset knowledge sharing and international cooperation [4] - The government will cultivate a sustainable talent pool by nurturing a new generation of entrepreneurs, researchers, and technology experts [4]

Core Viewpoint - The Hong Kong government aims to establish the region as a global innovation hub for digital assets through the release of the "Hong Kong Digital Asset Development Policy Declaration 2.0" [1] Group 1: Legal and Regulatory Framework - The government is constructing a unified and comprehensive regulatory framework for digital asset service providers, including trading platforms and custodians, with the Securities and Futures Commission as the main regulatory body [1] - A comprehensive review of legislation will be led by the Financial Services and the Treasury Bureau and the Hong Kong Monetary Authority to facilitate the tokenization of real-world assets and financial instruments [1] Group 2: Tokenization of Products - The government plans to regularize the issuance of tokenized government bonds and provide incentives for the tokenization of real-world assets, aiming to enhance liquidity and accessibility [1] - There is an intention to promote a wider range of asset and financial instrument tokenization, showcasing the technology's diverse applications across sectors such as precious metals and renewable energy [1] Group 3: Use Cases and Collaboration - A licensing mechanism for stablecoin issuers will be implemented on August 1, which will help advance practical application scenarios [1] - The government is committed to enhancing collaboration among regulatory bodies, law enforcement, and technology providers to develop digital asset infrastructure [1] Group 4: Talent and Partnership Development - The government aims to collaborate with industry and academia to foster talent development, positioning Hong Kong as a center for digital asset knowledge sharing and international cooperation [1] - Initiatives will include cultivating a new generation of entrepreneurs, researchers, and technical experts to build a sustainable talent pool [1]

（来源：大湾区之声） 财政司司长陈茂波表示，《政策宣言2.0》展现特区政府对数字资产发展的愿景，并通过实践 展示代币化的实质应用，推进应用场景的多元化。通过结合稳慎的规管和鼓励巿场创新，构建 更蓬勃、与实体经济和社会生活相结合的数字资产生态圈，为经济和社会带来效益，同时巩固 香港作为国际金融中心的领先地位。 香港特区政府今日（26日）发表 《香港数字资产发展政策宣言2.0》 ，重申特区政府致力将香 港打造成数字资产领域中的全球创新中心。新一份政策宣言建基于2022年10月的首份政策宣言 所提出的举措。 ...