The Hong Kong Financial Services Development Council (FSDC) released a concept report entitled "Hong Kong's Leading Path in Capital Markets: Super-Connector - A Global Capital Hub in the Digital Age," which proposes a strategic framework with various initiatives planned along a clear timeline. The report provides a pragmatic and actionable implementation path for the orderly expansion of tokenized assets, including: a medium-term direction of developing tools such as tokenized physical assets within 2-5 years; a long-term vision of gradually enhancing support for tokenized issuance and post-trade operations within 5-10 years; and promoting the harmonization and unification of data and compliance standards on a larger scale to further improve trading efficiency and market transparency. Simultaneously, the report will accelerate the development of digital financial infrastructure, including tokenized platforms, smart contract applications, and near-instant settlement systems, making Hong Kong a pioneer and demonstrator of next-generation capital market solutions.