[Hong Kong Official Responds to 'Middle Eastern Capital Influx': Mutual Exchange, Hong Kong Tokenized Fund Lands on Middle Eastern Platform] Deep Tide TechFlow reports, on April 19, according to Hong Kong Commercial Daily, in response to the increasingly heated topic of 'Middle Eastern capital influx' into Hong Kong, Deputy Secretary for Financial Services and the Treasury of the Hong Kong SAR Government, Joseph Chan Ho-lim, stated that indeed more clients are inquiring about how to transfer funds to Hong Kong or open accounts in Hong Kong. He emphasized that Hong Kong and the Middle East engage in mutual exchange. He revealed that a licensed virtual insurance company from Hong Kong has already expanded its business in Saudi Arabia and the UAE, and Hong Kong's tokenized fund has been launched on Middle Eastern wealth management platforms. Additionally, Asian capital can purchase Islamic bond ETFs in Hong Kong, providing Middle Eastern investors with a familiar and trustworthy market. Joseph Chan stressed that the Hong Kong government will actively develop financial technology and digital assets. Currently, legislative proposals are being drafted for the licensing regime of digital asset trading and custody services, aiming to establish a comprehensive regulatory framework and develop Hong Kong into a global hub for digital asset innovation.