The Hong Kong Treasury Board will release its second policy statement on the development of virtual assets According to AASTOCKS, the Secretary for Financial Services and the Treasury of Hong Kong, Xu Zhengyu, stated that in response to the latest developments in the virtual asset market, the Treasury will issue its second policy statement on the development of virtual assets, outlining its policy vision and direction for the next steps. This policy declaration will explore how to combine the advantages of traditional financial services with technological innovation in the field of virtual assets, and improve the security and flexibility of real economic activities. It will also encourage local and international enterprises to explore innovation and application of virtual asset technology. In addition, he pointed out that the China Securities Regulatory Commission is considering introducing virtual asset derivative trading for professional investors, emphasizing the development of robust risk management measures. It is expected to further enrich the product options in the Hong Kong market while ensuring that trading is conducted in an orderly, transparent, and secure manner. In terms of assisting fintech companies in expanding their business, he pointed out that Invest Hong Kong is actively working with industry stakeholders to promote and assist Hong Kong fintech companies in further expanding into the mainland market in the Guangdong Hong Kong Macao Greater Bay Area.