Techub News reports that according to the Hong Kong Economic Journal, the Hong Kong Securities and Futures Commission (SFC) is considering allowing licensed virtual asset trading platforms to provide secondary trading services for tokenized securities to retail clients. Deputy Director of the SFC's Intermediaries Division, Luo Haishi, stated that the authorities are studying relevant requirements, operational risks, and control measures, and are drafting related circulars. Currently, Hong Kong retail investors can only subscribe to and redeem tokenized funds in the primary market.
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Techub News reports that according to the Hong Kong Economic Journal, the Hong Kong Securities and Futures Commission (SFC) is considering allowing licensed virtual asset trading platforms to provide secondary trading services for tokenized securities to retail clients. Deputy Director of the SFC's Intermediaries Division, Luo Haishi, stated that the authorities are studying relevant requirements, operational risks, and control measures, and are drafting related circulars. Currently, Hong Kong retail investors can only subscribe to and redeem tokenized funds in the primary market.