Lo Hoi-shi, Deputy Director of the Intermediaries Department of the Hong Kong Securities and Futures Commission (SFC), revealed that the SFC is considering allowing licensed Virtual Asset Platforms (VATPs) to offer secondary trading of tokenized securities to retail clients. The focus is on local tokenized money market funds, with the aim of allowing them to trade on licensed VATP platforms. Currently, the regulator is studying the relevant requirements, operational risks, and control measures and is drafting a related circular. Lo stated that from the SFC's perspective, tokenized securities are essentially the same as ordinary securities, only with added technical aspects, and are subject to "the same business, the same risks, and the same rules." (Hong Kong Economic Journal)