[New City Development to Establish Digital Asset Research Institute, Promoting Strategic Layout for RWA Applications] Foresight News reports that Hong Kong-listed company New City Development (stock code 1030) has announced the establishment of a Digital Asset Research Institute today. By leveraging its existing business expertise and RWA tokenization technology, the company aims to advance the strategic layout for RWA applications. Additionally, the company plans to bring in external experts in blockchain, digital finance, and compliance to address specific areas of expertise. This includes engaging legal advisors to comprehensively assess domestic and international legal issues related to RWA, professional consultants to evaluate financial and tax matters, technical providers to optimize technical solutions, and maintaining communication with regulatory authorities.