Hong Kong Monetary Authority: Assisted the SAR Government in Issuing Two Tokenized Bonds

According to Jinshi, Hong Kong Monetary Authority Deputy Chief Executive Joseph Chan stated in an interview that Hong Kong is ensuring smoother circulation of Northbound and Southbound bonds. Additionally, they hope to develop new types of bonds, such as tokenized bonds. In the past two years, the Hong Kong Monetary Authority has assisted the SAR Government in issuing two tokenized bonds, utilizing blockchain technology to reduce costs, expedite processes, and lower risks. Currently, the market feedback is very positive. After the governmental departments set the example, they hope more private sectors can participate in issuing tokenized bonds, allowing Hong Kong's finance to remain at the forefront globally.