China Asset Management is actively exploring areas such as asset tokenization STO and compliant stablecoin ecology

Zhu Haokang, head of crypto asset management at China Asset Management (Hong Kong), shared China Asset Management (Hong Kong)'s active exploration in asset tokenization STO and compliant stablecoin ecology at the 19th Asian Investment Summit. Zhu Haokang said that Hong Kong has introduced a series of policies and regulatory measures to support the development of the crypto asset industry in the past two years, and has been at the forefront of the world. Since the release of the Virtual Asset Declaration at the end of last year, Hong Kong has established the Web3.0 Association, launched the Digital Hong Kong Dollar Plan, the Hong Kong Securities and Futures Commission has promoted the Virtual Asset Service Provider (VASP) licensing system, and the HKMA has launched three financial technology innovation sandboxes including stablecoins.