Hong Kong legislator Duncan Chiu, who represents the technology and innovation sector in the Legislative Council, has released a policy proposal titled “3+3 Collaborative Development Blueprint” on how Hong Kong can align with the country’s future industries. In the document, Chiu calls for the city’s Securities and Futures Commission to establish a dedicated department focused on digital assets.
The proposal also sets a target of turning Hong Kong into an international digital asset hub by 2032. Beyond the regulatory recommendation, the blueprint outlines several Web3-related initiatives, including building an early-stage investment channel for Web3 finance, exploring an over-the-counter fundraising mechanism described as a “Hong Kong version of the Web3 Pinksheet,” and promoting the tokenization of RWA physical assets as well as tokenized stocks.
Odaily reported that Duncan Chiu, a Hong Kong Legislative Council member for the technology and innovation sector, has published a policy proposal titled “3+3 Collaborative Development Blueprint” on Hong Kong’s path to integrating into the country’s future industries. The paper proposes that Hong Kong’s Securities and Futures Commission establish a dedicated department for digital assets, and it sets a goal of building Hong Kong into an international digital asset hub by 2032.
The blueprint also calls for an early-stage investment channel for the Web3 finance sector, explores an over-the-counter fundraising mechanism described as a “Hong Kong version of the Web3 Pinksheet,” and backs the development of RWA tokenization for physical assets along with tokenized stocks.
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