[Hong Kong SFC Announces New Regulatory Framework Allowing Secondary Market Trading of Tokenized SFC-Approved Investment Products] According to Jintou News, the Hong Kong Securities and Futures Commission (SFC) announced a new regulatory framework today to pilot the secondary market trading of tokenized SFC-approved investment products (tokenized products) in Hong Kong. This initiative aims to promote long-term growth in the local digital asset trading activities and support the further development of the ecosystem. The initial batch of products is expected to primarily consist of tokenized money market funds. The SFC will review the operational performance of these products and will consider expanding the product scope in due course.