[The Hong Kong Government Has Commissioned Banks to Prepare for a Potential Digital Bond Issuance, More Issuers May Enter the Market] According to a report by Jinse Finance, citing Bloomberg, a source familiar with the matter revealed that the Hong Kong government has commissioned banks to prepare for a potential digital bond issuance, with more issuers possibly entering the market. It is reported that if this issuance proceeds, it will be the Hong Kong government's third digital bond issuance since 2023. Currently, there are at least six digital bonds issued by companies in Hong Kong, with a total fundraising amount of approximately $1 billion, about 70% of which are priced for issuance by 2025. HSBC Holdings Plc and King & Wood Mallesons stated that an increasing number of enterprises from mainland China and other regions are considering issuing digital bonds in Hong Kong. Last month, two state-owned enterprises, Shenzhen Futian Investment Holding Co., Ltd. and Shandong High-Speed Group Co., Ltd., completed the pricing and issuance of digital bonds in the Hong Kong market.