Liang Fengyi: Hong Kong is actively building a virtual asset ecosystem, supporting the listing of virtual asset Spot ETFs and the tokenization of securities.

Techub News, Hong Kong Securities and Futures Commission Chief Executive Officer Leung Fung-yee said at the 2025 Caixin Summer Summit that the Hong Kong Securities and Futures Commission will leverage the power of technological change to promote responsible innovation in the market and industry, including digitalization, blockchain technology and generative AI. She said that Hong Kong is actively building a virtual asset ecosystem. This robust ecosystem must be compliant, risk-controlled, and sustainable in order for investors to take advantage of new opportunities. Hong Kong supports the listing of virtual asset spot ETFs and expands the range of related products and services, such as the recent allowing of virtual asset pledge services. In addition, the SFC is promoting the adoption of blockchain technology in the industry to tokenize securities. Combining traditional finance with decentralized finance aims to build a more efficient and resilient financial system, which is expected to open up huge opportunities for the financial industry in the long run, achieve instant settlement, and significantly reduce costs and increase efficiency in scenarios such as cross-border payments.