[Hong Kong's Third Batch of Tokenized Bonds May Integrate Central Bank Digital Currency for Subscription] According to a report by Caixin, data disclosed by Xu Huizhi, Assistant President (External Affairs) of the Hong Kong Monetary Authority, shows that since 2019, the Hong Kong Special Administrative Region Government has issued a total of approximately HKD 386 billion worth of bonds in RMB, HKD, EUR, and USD through the 'Government Green Bond Program' and the 'Infrastructure Bond Program.' In February 2023 and February 2024, two batches of tokenized green bonds were successfully issued, with scales of USD 100 million and USD 750 million, respectively. The third batch of tokenized bonds will not only involve tokenization on the asset side but also consider implementing tokenization on the funding side. Given that the development of funding-side tokenization in Hong Kong is advanced and the most mature form is the Central Bank Digital Currency (CBDC), the funding side of this batch of tokenized bonds may potentially integrate CBDC for subscription.