[RegulatoryUpdate] Hong Kong to Announce 2026/2027 Budget with Focus on Virtual Assets

The Hong Kong government is set to announce the 2026/2027 fiscal budget on February 25, with a focus on virtual assets and investor protection. According to ChainCatcher, the Hong Kong Securities and Futures Professionals Association stated that the city has completed the initial regulatory infrastructure for virtual assets. The next step should be to focus on the commercialization and practical application of these assets. Efforts to enhance Hong Kong's position as a global virtual asset hub include improving secondary market liquidity for real-world assets, expediting product approvals, introducing international liquidity, and strengthening professional training. These initiatives aim to transform Hong Kong from a market with clear regulations into one with abundant liquidity and widespread application, aligning with the national "15th Five-Year Plan" for financial openness and digital economy strategy.