Hong Kong Strengthens Virtual Asset Ecosystem, Secondary Groups Become the Main Focus

The Hong Kong government will release the fiscal budget for 2026/2027 on February 25, with a significant focus on virtual asset development and protection of local investors. This strategy reflects Hong Kong’s commitment to strengthening its position as a global digital finance hub amid increasingly fierce regional competition.

Mature Regulatory Infrastructure, Time to Focus on Practical Applications

According to records from ChainCatcher, the Hong Kong Securities and Futures Professional Association confirmed that the foundational regulatory infrastructure for virtual assets has been solidly established. The previous phase focused on building a clear and structured framework, creating a reliable legal foundation for market participants.

However, the phase of developing mature regulations now needs to shift towards practical implementation and more aggressive commercialization. This means that the government and regulators should move their focus from merely granting licenses to fostering the growth of a dynamic ecosystem integrated with the real economy.

Enhancing Secondary Group Liquidity for Global Competitiveness

Hong Kong’s comprehensive strategy includes several key pillars designed to accelerate the growth of the virtual market. First, increasing depth and liquidity in the secondary market for real-world assets, ensuring investors can easily enter and exit their positions. These secondary groups form the backbone of any healthy and efficient asset market.

Additional initiatives include speeding up approval for innovative products, opening access to international liquidity, and developing comprehensive professional training programs to enhance industry practitioners’ skills. These combined measures are designed to attract global market participants to the Hong Kong ecosystem.

Transforming Hong Kong from a Regulated Market into a Global Liquidity Center

This long-term vision aligns with the national “15th Five-Year Plan,” emphasizing financial openness and digital economic transformation. Hong Kong aims not only to be recognized as a market with clear regulatory standards but also as a liquidity hub with abundant practical applications.

This comprehensive strategy indicates that virtual asset development in Hong Kong has entered a mature growth phase. With a focus on a strong secondary group and an integrated ecosystem, Hong Kong is positioned to maintain its leadership in the Southeast Asian and global virtual asset landscape.