Hong Kong FSDC: Promote real-world asset tokenization in 2-5 years, and improve the tokenization issuance and trading system in 5-10 years

ChainCatcher news, the Hong Kong Financial Services Development Council has released a concept report titled "Hong Kong Capital Market Leadership: Super Connector - A Global Capital Hub in the Digital Era." The report proposes a strategic framework with various initiatives following a clear timeline, providing pragmatic and actionable implementation paths to systematically expand tokenized assets. This includes: a medium-term direction over 2-5 years to develop tokenized real-world asset tools, and a long-term vision over 5-10 years to gradually enhance support for tokenized issuance and post-trade operations. It also aims to promote greater coordination and unification of data and compliance standards on a larger scale, further improving trading efficiency and market transparency.

At the same time, the development of digital financial infrastructure will be accelerated, including tokenization platforms, smart contract applications, and near-instant settlement systems, positioning Hong Kong as a pioneer and role model for next-generation capital market solutions.