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Hong Kong Monetary Authority: It has assisted the SAR government in conducting two tokenized bond issuances

According to online reports, according to the Economic Daily, Chen Weimin, vice president of the Hong Kong Monetary Authority, said in an interview that Hong Kong ensures smoother circulation of Northbound and Southbound bonds, and hopes to develop some new bond types, such as tokenized bonds. In the past two years, the Hong Kong Monetary Authority has assisted the SAR government in issuing two tokenized bond issuances, using blockchain technology to reduce costs, speed up time, and reduce risks. Currently, market feedback is very good. After the government department plays a demonstration role, it is hoped that more private sectors can join the issuance of tokenized bonds, so that Hong Kong's finance will continue to be at the forefront of the world.

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