Deputy Director of the Hong Kong Treasury: We hope that in the future, Hong Kong ETFs can be traded through tokens

According to a live report by Golden Finance, during the 2024 Hong Kong Web3 Carnival, Deputy Secretary for Financial Services and Treasury, Chan Ho lam, stated in her keynote speech "The Latest Development of Virtual Currency in Hong Kong" that Hong Kong will become the largest cross-border asset development center in Asia in the future, and Hong Kong listed companies will become very large investment targets. Hong Kong will be the leader in the future fintech field. Hong Kong has become increasingly mature in the issuance of virtual banks and is led by the government. It will become more open and developed in the future. At present, Hong Kong's new developments in the Web3 field include the completion of a virtual asset issuance system. At the same time, Chen Haolian said that the Web3 industry must have an open, transparent, predictable and regulated environment. He hoped that ETFs could trade in Hong Kong in token way like green treasury bond issued by the government in the future, and more interesting products would be listed in the future. He also stated that Hong Kong will integrate better with Web3, link better with the capital market, and make the market more efficient.