[Hong Kong SFC: Current RWA Tokenization Products on the Market Are Temporarily Unsuitable for Stock Trading] Golden Finance reports that Yeh Chi-hing, Executive Director of the Intermediaries Division responsible for virtual asset trading at the Hong Kong Securities and Futures Commission (SFC), stated in an interview with Hong Kong media that RWA accounts for less than 1% of the global digital asset management scale (AUM), with trading volumes even further below 1%. Currently, RWA tokenization products on the market are primarily related to fixed-income products (such as money market funds). If applied to securities trading and settlement, the latency of blockchain technology offers no advantage compared to the high efficiency of traditional exchange trading and settlement systems, making it difficult to support high-frequency trading and temporarily unsuitable for stock trading. Yeh Chi-hing also revealed that the Intermediaries Division of the Hong Kong SFC has about 300 colleagues, with 50 of them heavily involved in virtual asset regulatory matters. Their responsibilities include licensing, AML, etc., and there are plans to hire external personnel to enhance work efficiency.