OSL: Hong Kong Exchange's launch of virtual asset index series is expected to accelerate the introduction of new tokens in the Hong Kong market.

The Hong Kong Stock Exchange (00388) officially launched the HKEX Virtual Asset Index Series on the 15th of this month, providing a reliable benchmark price for the rapidly growing asset class of virtual assets, thus supporting Hong Kong's development as a leading digital asset center in Asia. Kelvin Cheung, Managing Director and Head of Regulatory Affairs at OSL, stated that the launch of the virtual asset index series is a significant milestone for the industry, as the introduction of local indexes and infrastructure is undoubtedly a breakthrough development that is expected to accelerate the introduction of new tokens in the Hong Kong market and support the development of more innovative retail products, thereby further driving the improvement and upgrading of Hong Kong's virtual asset ecosystem. Cheung mentioned that under the Virtual Asset Trading Platform (VATP) regulatory framework of the Hong Kong Securities and Futures Commission, platforms must consider independent indexes when evaluating tokens for trading by retail investors. Prior to the launch of the Virtual Asset Index Series, the market relied on overseas indexes.