The Zhitong Finance App learned that Hong Kong's Secretary for Financial Services and the Treasury, Mr Hui Ching-yu, pointed out that the progress of “tokenization” in Hong Kong is moving from an “experimental stage” to a “implementation phase”. He pointed out that at present, Hong Kong has brought together more than 1,400 fintech companies, including 8 virtual banks, 4 virtual insurance companies, and 12 licensed virtual asset trading platforms, which have achieved excellent results in promoting “tokenization.”

The Zhitong Finance App learned that the Hong Kong Secretary for Financial Services and the Treasury, Mr Hui Ching-yu, pointed out that the progress of “tokenization” in Hong Kong is moving from an “experimental stage” to a “implementation phase”. He pointed out that at present, Hong Kong has brought together more than 1,400 fintech companies, including 8 virtual banks, 4 virtual insurance companies, and 12 licensed virtual asset trading platforms, which have achieved excellent results in promoting “tokenization.”