Chen Maobo: Launching a bond electronic trading platform in the second half of the year.

Hong Kong Financial Secretary Paul Chan stated in the "Budget 2026" that two institutions are actively implementing a roadmap, including promoting primary market issuance, enhancing secondary market liquidity, and expanding offshore Renminbi businesses. In addition, a bond electronic trading platform will be launched in the second half of the year to further strengthen Hong Kong's position as a global fixed income and currency center. He pointed out that in order to promote innovation in the bond market, the government issued tokenized bonds for the third time in the fourth quarter of last year, with a total amount of 100 billion yuan, which was the largest in the world at the time, and introduced tokenized central bank currency settlement options to lay the foundation for future integration of other forms of digital currency. He mentioned that the Hong Kong government will continue to issue tokenized bonds on a regular basis, and the Hong Kong Monetary Authority will also encourage more digital bonds to be issued in Hong Kong through the "Digital Bond Subsidy Scheme".