Director of the China (Hong Kong) Institute of Financial Derivatives Investment: The Digital Asset Market Is Poised for Explosive Growth

According to a report by Beijing Business Today cited by Jinse Finance, Wang Hongying, President of the China (Hong Kong) Institute of Financial Derivatives Investment, pointed out that the recent sustained rise in Hong Kong-listed stablecoin concept stocks is mainly driven by two factors: First, several overseas markets, including Hong Kong, have introduced regulations related to stablecoins, providing a legal foundation for market development; second, as innovative digital assets in the global digital economy, stablecoins are backed by enterprises’ stable cash flows, sound operations, and blockchain encryption technology, enabling corporate assets to be globally tradable and priced. Wang Hongying further stated that the world economy is poised for an explosive growth trend in data assets, and virtual assets represented by stablecoins are in line with this trend, with the scale of global transactions expected to further expand. Securities firms applying for virtual asset trading licenses can enhance the valuation, pricing, and trading of stablecoins and other virtual assets in the context of digital economic development, thereby driving business growth and scale.