[Hong Kong Plans to Launch Interbank Gold Tokenization Trading Project] Hong Kong's Secretary for Financial Services and the Treasury, Christopher Hui, announced on November 2nd that Hong Kong plans to launch an interbank gold tokenization trading project, with each token representing 400 ounces of gold bars. The project will utilize the Hong Kong Monetary Authority's Project Ensemble, with transactions priced at the Hong Kong Gold Reference Price (HAU), and will be combined with tokenized deposits.