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The Hong Kong Treasury will promote the tokenization of the bond market, with details to be announced in the first half of 2026.
According to ChainCatcher news, the Secretary for Financial Services and the Treasury of Hong Kong, Hui Zhengyu, stated that they are jointly advancing research on the applicability of current laws to tokenization bonds in order to promote the adoption of tokenization technology in Hong Kong's bond market, with details to be announced in the first half of next year. Hui Zhengyu mentioned that the previously issued third batch of tokenized green bonds introduced the option for settlement in Central Bank digital currencies tokenized in Renminbi and Hong Kong dollars, making them the first digital bonds globally to apply these two types of tokenized Central Bank currencies in the settlement process.