Core Viewpoint - Hong Kong is committed to creating a more vibrant fixed income and currency market ecosystem to generate lasting value and new opportunities for international issuers and investors [1]. Group 1: Market Development - The Asian international bond market has seen robust growth in recent years, with Hong Kong leading in this sector [3]. - Over the past decade, Hong Kong has ranked first in Asia for bond issuance in 9 out of the last 10 years [3]. - With support from the central government, Hong Kong has established itself as an offshore center for RMB sovereign bonds [3]. Group 2: Infrastructure Enhancement - Hong Kong is enhancing market infrastructure, including improvements in fixed income and currency custody, management, and trading platforms [3]. - The Hong Kong Securities and Futures Commission is exploring the feasibility of creating an electronic bond trading platform to increase market participation and improve efficiency and transparency [3]. Group 3: Cross-Border Cooperation - Hong Kong is seeking cross-border debt securities custody and settlement cooperation with global partners such as the United Arab Emirates and Switzerland [3]. Group 4: Market Liquidity and Innovation - Hong Kong is working to enhance market liquidity and expand the use of RMB, encouraging the development of RMB-denominated investment and risk management products [3]. - The region is embracing financial innovation and is preparing to issue a third batch of tokenized green bonds [3].