Xu Zhengyu: The settlement and delivery cycle of Hong Kong's tokenized green bonds has been shortened to T+1, and we hope to be widely used."
According to online reports, Hong Kong Treasury Secretary Hui Ching-yu said that the settlement and delivery cycle of tokenized green bonds issued by the Hong Kong government has been shortened from the fifth trading day (T+5) after the trading day to T+1. Tokenization allows funds to be transferred. Speed and transaction efficiency are improved. Digital assets and their blockchain technology can reduce transaction friction costs. Tokenization can improve fund transfer speed and transaction efficiency. We hope to be widely used and connected to the real economy.
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