BREAKING 🚨 HONG KONG JUST LAUNCHED A $107 MILLION DIGITAL INVESTMENT FUND ON ETHEREUM 🇭🇰 This is the first tokenized money market fund for retail investors in Asia https://t.co/P60kpmT2Is
Technology chief pledges to foster AI development - RTHK https://t.co/vMonHnLNyg
BREAKING: 🇭🇰 HONG KONG JUST LAUNCHED A $107M DIGITAL INVESTMENT FUND ON ETHEREUM. ASIA’S FIRST TOKENIZED MONEY MARKET FUND FOR RETAIL INVESTORS IS HERE. TIME TO WAKE UP. https://t.co/ie0zdr8e2c

Hong Kong witnessed a substantial increase in southbound net buying via Stock Connect in February, reaching nearly HKD 152.8 billion, the largest monthly inflow since January 2021. This surge indicates strong investor interest in the region's financial markets. The Hong Kong government has committed $125 million to bolster artificial intelligence (AI) development, with a focus on enhancing Cyberport's supercomputing capabilities for AI and Web3 research, as well as blockchain development. Financial Secretary Paul Chan has highlighted AI as a core industry in the city's budget for the 2025-26 financial year, and HK$1 billion has been earmarked for the establishment of the Hong Kong AI Research and Development Institute. The city also boasts 4,700 start-ups, a fourfold increase from pre-pandemic levels, underscoring its growing innovation ecosystem. In a pioneering move, China Asset Management Hong Kong has launched Asia-Pacific's first tokenized retail money market fund. Valued at approximately US$107 million, the fund utilizes Ethereum for its issuance, marking a significant advancement in financial innovation within the region.












