[Hong Kong Financial Secretary: Preparing to Issue the Third Batch of Token Bonds and Promote Tokenization of Precious Metals and Other Assets and Financial Instruments] According to the Hong Kong Wen Wei Po, the Secretary for Financial Services and the Treasury, Xu Zhengyu, stated that Hong Kong has issued green bonds in tokenized form twice in 2023 and 2025. The third batch of token bonds is also in preparation, and Hong Kong will regularize the issuance of tokenized government bonds and provide incentives for the tokenization of real-world assets, such as exempting the stamp duty on the transfer of tokenized exchange-traded funds (ETFs), etc. In addition, Hong Kong will also promote broader asset and financial instrument tokenization, demonstrating the diverse applications of tokenization technology in different fields, including precious metals, non-ferrous metals, and renewable energy (such as solar panels).