According to Interface News, the Chief Executive of the Hong Kong Monetary Authority, Yu Weiwen, released an article titled "Hong Kong Wealth Management Market: Opportunities and Prospects". The article mentions that Hong Kong banks are experiencing rapid growth in their digital asset business development. After the launch of relevant regulatory guidelines, more and more banks are exploring the sale of digital asset related products and tokenized assets, as well as the business of digital asset custody. As of mid July 2025, 22 banks have been granted permission to sell digital asset related products, 13 banks have been granted permission to sell tokenized securities, and an additional five banks have been granted permission to provide digital asset custody services. In the first half of 2025, the total transaction volume of bank digital asset related products and tokenized assets reached HKD 26.1 billion, an increase of 233% compared to the same period last year, and has exceeded the total transaction volume for the whole year of last year. Several asset management companies have also announced plans to launch tokenized products, and with the government actively promoting the issuance of tokenized bonds, it is believed that Hong Kong's growth momentum in the digital asset field will continue, bringing new impetus to the development of wealth management business in Hong Kong.
