TechFlow news, February 21 — According to Ming Pao, Financial Secretary's Deputy of Hong Kong, Mr. Wong Wai-lun, said at an event that Hong Kong will further improve its virtual asset regulatory framework and promote broader application of tokenization technology in the capital market.
Mr. Wong emphasized that the Hong Kong government will enhance system development and establish industry standards. Meanwhile, the government is collaborating with regulators and the Hong Kong Exchanges and Clearing Limited (0388) to roll out a series of measures, including optimizing listing requirements and revising treasury share mechanisms, to strengthen the competitiveness of Hong Kong's financial services.
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