TechFlow news, on December 13, the Hong Kong Financial Development Council released a concept paper titled "Hong Kong's Capital Market Leadership Journey: The Super Connector – A Global Capital Hub in the Digital Era," proposing a strategic framework with clear timelines and practical, actionable implementation pathways to systematically expand tokenized assets. The medium-term direction for the next 2–5 years includes developing instruments such as tokenized physical assets, while the long-term vision for 5–10 years involves gradually enhancing capabilities supporting tokenized issuance and post-trading operations, along with broader harmonization and unification of data and compliance standards to further improve trading efficiency and market transparency. At the same time, efforts will accelerate to develop digital financial infrastructure, including tokenization platforms, smart contract applications, and near-instant settlement systems, positioning Hong Kong as a pioneer and model for next-generation capital market solutions.
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