[Hong Kong Government Plans to Provide Guidelines for Bond Tokenization, Clarifying the Legal Validity of Distributed Ledgers] According to 21 Finance reports, the Hong Kong government plans to provide guidelines for tokenization technology in the bond market, clarify the legal validity of distributed ledger registration records, and explore electronic signing of issuance documents as well as promote the digitization of bearer bonds. Zeng Gang, Chief Expert at the Shanghai Finance and Development Laboratory, stated that this move is an important institutional breakthrough for Hong Kong in promoting the deep integration of digital currency and traditional finance.