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Hong Kong Secretary for Financial Services and the Treasury Christopher Hui said that Hong Kong is advancing the application of artificial intelligence across financial sectors and advocated using frontier technologies such as blockchain to promote financial-market development.
China Asset Management (Hong Kong) and Cheetah Trade said that tokenized units of the approved digital money market funds can now be traded on Cheetah Trade throughout the year 24/7 in the secondary market. The service is available to retail investors who meet the platform's rules.
Anchorpoint’s CEO said the company will not rush to launch a Hong Kong dollar stablecoin for retail users and has not confirmed a specific launch date.