The Securities and Futures Commission of Hong Kong allows tokenized products to be bought and sold on the secondary market.

On April 20, the Securities and Futures Commission of Hong Kong announced a new regulatory framework to promote the secondary market trading of tokenized investment products recognized by the Securities and Futures Commission in Hong Kong. It is reported that this move is aimed at promoting long-term digital asset trading activities in Hong Kong and further supporting the development of the ecosystem. Under the new arrangement, tokenized open-ended funds recognized by the Securities and Futures Commission in Hong Kong can engage in secondary market trading on licensed virtual asset trading platforms, expanding the availability of regulated services for retail investors. The Securities and Futures Commission of Hong Kong also stated that it will consider allowing over-the-counter secondary market trading on a case-by-case basis.