News

ChainCatcher news, the Hong Kong Financial Services Development Council has released a concept report titled "Hong Kong Capital Market Leadership: Super Connector - A Global Capital Hub in the Digital Era." The report proposes a strategic framework with various initiatives following a clear timeline, providing pragmatic and actionable implementation paths to systematically expand tokenized assets. This includes: a medium-term direction over 2-5 years to develop tokenized real-world asset tools, and a long-term vision over 5-10 years to gradually enhance support for tokenized issuance and post-trade operations. It also aims to promote greater coordination and unification of data and compliance standards on a larger scale, further improving trading efficiency and market transparency. At the same time, the development of digital financial infrastructure will be accelerated, including tokenization platforms, smart contract applications, and near-instant settlement systems, positioning Hong Kong as a pioneer and role model for next-generation capital market solutions.

According to ChainCatcher, Delphi Digital analyst Jason holds a cautiously optimistic outlook for the market at the end of the year. He stated: "We are breaking through the $90,000 to $110,000 range that we have spent quite a long time in. If BTC can hold this level and continue to break out before the end of the year, I believe bitcoin has a great chance to usher in a rebound."