In the critical window period following the implementation of the "Hong Kong Digital Asset Development Policy Declaration 2.0" and the official effectiveness of the "Stablecoin Regulation" for one month, the Hong Kong digital asset industry has welcomed a landmark event—the establishment of the Hong Kong Digital Asset Listed Companies Association (HKVALA) today in Hong Kong. This founding ceremony, which brought together over 50 listed companies related to digital assets from the Hong Kong Stock Exchange, A-shares, and U.S. stocks, not only marks a new institutional phase for the Hong Kong digital asset industry, transitioning from "individual breakthroughs" to "ecological collaboration," but also provides a "Hong Kong model" for solving the "regulatory and innovation balance" dilemma in the global digital asset field through an innovative model of "regulatory and industry collaboration."

1. The Hong Kong Digital Asset Listed Companies Association is officially established: a milestone in industry development

Gathering of elites: The Hong Kong Digital Asset Listed Companies Association is jointly initiated by several representative listed companies in the digital asset field, licensed financial institutions, top blockchain and digital technology solution providers, RWA project parties, and professional service organizations.

Establishment ceremony: The event invited important figures from the political and business sectors, including Mr. Chan Ho-lam, Deputy Secretary for Financial Services and the Treasury, and Mr. Wu Jiezhuang, a member of the National Committee of the Chinese People's Political Consultative Conference and Chairman of the Hong Kong Legislative Council's Web3 and Virtual Assets Development Subcommittee, as well as representatives from over 80 founding member units of listed companies and licensed financial institutions from the Hong Kong Stock Exchange, U.S. stocks, and A-shares to witness the occasion.

Core mission: The association aims to consolidate industry consensus and deepen ecological collaboration. Leveraging Hong Kong's comprehensive regulatory framework and policy advantages, the association will strive to create a regulatory innovation hub for stablecoins and an institutional-level digital financial infrastructure platform, promoting compliant innovation and large-scale application in cutting-edge fields such as stablecoins and RWA, establishing a global compliance benchmark, and further consolidating Hong Kong's position as an international financial center.

2. Policy connection: Building a two-way bridge between regulation and the market

Mr. Chan Ho-lam's speech: Mr. Chan Ho-lam, Deputy Secretary for Financial Services and the Treasury, delivered the opening speech, focusing on interpreting the "Hong Kong Digital Asset Development Declaration 2.0" and the "LEAP" framework. He elaborated on four major directions for constructing a credible, sustainable digital asset ecosystem deeply integrated with the real economy: first, continuously optimizing the legal and regulatory framework; second, expanding the variety of digital products; third, promoting and deepening professional cooperation in application scenarios and cross-border talent regions. Chan emphasized that Hong Kong will continue to promote the deep integration of digital assets and traditional finance, consolidating the competitive advantage of the international financial center, and encouraged the association to play an active role in advancing Hong Kong towards a new future in digital finance.

Chairman Wu Jiezhuang's speech: Mr. Wu Jiezhuang, a member of the National Committee of the Chinese People's Political Consultative Conference and Chairman of the Hong Kong Legislative Council's Web3 and Virtual Assets Development Subcommittee, pointed out that although the association's current scale is not as large as similar institutions in the United States, its development potential is enormous. He believes that Hong Kong still needs to further expand the scale of exchanges and suggested that the association strengthen investor education and promote Hong Kong's regulatory advantages externally. He expressed his hopes with the phrase, "Not seeking to run the fastest, but to run the farthest and most steadily," wishing the association to lead the industry towards healthy and sustainable development.

President Zhang Huachen's speech: Mr. Zhang Huachen, President of the Hong Kong Digital Asset Listed Companies Association, a member of the National Youth Federation, and Co-CEO of Guofu Quantum Innovation Co., Ltd., stated that the establishment of the association is an important milestone in the development of Hong Kong's digital asset industry. He pointed out that the core mission of the association is to promote Hong Kong as an internationally leading digital asset center. Zhang Huachen compared the digital asset financing boom in the U.S. stock market and specifically highlighted the enormous potential of Hong Kong's "stock-coin linkage" model; he emphasized that the association will adhere to the "Rational Development Declaration" as its action guideline, uphold compliance bottom lines, promote collaboration among members, strengthen connections with financial institutions and regulatory bodies, accelerate talent cultivation, and inject long-term momentum into the sustainable development of Hong Kong's economy and digital finance.

3. Ecological collaboration: The first batch of 49 members aggregates a full-chain "industry map"

Founding member units: At the establishment ceremony, 49 representative listed companies in the digital asset field gathered together to officially announce the establishment of the Hong Kong Digital Asset Listed Companies Association. The first batch of 49 member companies covers multiple key areas such as finance, technology, and industry, being leaders in their respective industries while collectively constructing a complete industrial ecological map.

Declaration outline: The association's Executive President, Mr. Huang Junlang, solemnly read the "Rational Development Declaration of the Hong Kong Digital Asset Listed Companies Association," which is based on the fundamental principles of "rational development, compliance self-discipline, and value co-creation," and announced four major action programs: uphold compliance bottom lines and respond to regulatory consensus; advocate industry self-discipline and eliminate short-term speculation; deepen ecological collaboration and co-build long-term mechanisms; focus on long-term value and empower the construction of Hong Kong's financial center.

4. Future outlook for Hong Kong's digital assets

Types of tokenized products: Deputy Secretary for Financial Services and the Treasury, Mr. Chan Ho-lam, stated that the Hong Kong SAR government actively issues various green bonds every year and plans to explore tokenization for these bond issuances in the future, as well as in various monetization areas such as renewable energy. Additionally, the Hong Kong SAR government will take measures to explore tokenization methods for ETFs already listed on the Hong Kong Stock Exchange to further attract investor participation.

RWA registration platform: Hong Kong's first RWA registration platform was launched on August 7, initiated by the Hong Kong Web3.0 Standardization Association, which will facilitate the entire process service system for the digitization, assetization, and financialization of RWA assets.

Conclusion:

The official establishment of the Hong Kong Digital Asset Listed Companies Association marks the entry of Hong Kong's digital asset industry into a new stage of "regulatory leadership and self-discipline-driven." As a key hub connecting policy and market, the association will promote compliant practices in cutting-edge fields such as stablecoins and RWA with the collaborative philosophy of "exploring together, advising together, and building together," and will continue to play a role in policy recommendations, standard setting, and ecological co-construction. Looking ahead, the association will continuously strengthen industry collaboration, create a favorable environment for innovative enterprises and international investors, and assist Hong Kong in building a global highland for compliant development of digital assets.

Related reading: Hong Kong media: Chinese-funded tech companies may collaborate with Hong Kong digital banks to apply for stablecoins

Original text: “The Hong Kong Digital Asset Listed Companies Association is established, with over 50 giants joining forces to build the Web3 ecosystem”

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。