[Hong Kong Financial Development Council Proposes Strategic Framework: Gradually Enhancing Capabilities for Tokenized Issuance and Post-Trade Operations Over 5-10 Years] Odaily Planet Daily News – The Hong Kong Financial Development Council has released a concept report titled 'The Road to Leadership for Hong Kong's Capital Market: Super Connector – A Global Capital Hub in the Digital Era.' The report proposes a strategic framework with initiatives planned along a clear timeline, offering practical and executable implementation paths to systematically expand tokenized assets. Key directions include: - Medium-term goals (2-5 years): Development of tokenized physical assets and related tools. - Long-term vision (5-10 years): Gradually enhancing capabilities to support tokenized issuance and post-trade operations, while promoting greater coordination and unification of data and compliance standards on a larger scale to further improve trading efficiency and market transparency. Additionally, the framework aims to accelerate the development of digital financial infrastructure, including tokenization platforms, smart contract applications, and near-instant settlement systems, positioning Hong Kong as a pioneer and model for next-generation capital market solutions.