[HSBC CEO Responds to Hong Kong Stablecoin License Application] On March 2, HSBC Holdings CEO Noel Quinn stated that HSBC is interested in participating in Hong Kong's innovative development and hopes to play a role in the stablecoin-related field. The Hong Kong Monetary Authority is striving to issue the first batch of stablecoin issuer licenses in March. HSBC has already utilized blockchain technology to assist in issuing bonds and tokenized gold services, and is exploring innovative technology services such as tokenized deposits.