Exclusive: China ask brokers to pause real-world asset business in Hong Kong, sources say
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最新报道：China's securities regulator has advised some brokerages to pause real-world asset tokenization business in Hong Kong, signaling Beijing's caution over offshore digital asset expansion. The informal guidance aims to strengthen risk management of new businesses while Hong Kong positions itself as a digital assets hub. This comes as Chinese firms' shares have rallied on virtual asset business interest, with the global RWA market currently valued at $29 billion and projected to exceed $2 trillion by 2030.
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