The Hong Kong Securities and Futures Commission has introduced measures to promote global connectivity in the digital asset market

According to Jin Shi reports, Huang Lexin, the director of the Intermediary Institutions Department and head of the Financial Technology Group of the Hong Kong Securities and Futures Commission, stated that Hong Kong has included "connecting global liquidity" in its digital asset development roadmap, aiming to enable Hong Kong investors to connect with global markets and attract more institutional trading businesses to settle in Hong Kong. The Hong Kong Securities and Futures Commission will allow licensed cross-border trading platforms to share global order books with overseas affiliates as a primary step towards achieving global connectivity. Currently, two consultations are being conducted to enhance the ecosystem, with plans to issue licenses for virtual asset custodians and explore the inclusion of investment advisory services and specific asset classes within the regulatory framework.