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According to Reuters, the London Metal Exchange (LME), a subsidiary of the Hong Kong Stock Exchange, is exploring the tokenization of metal inventories stored in Hong Kong warehouses, making them digital assets that can be used for loan collateral and other financing activities, in line with Hong Kong's strategy to develop an international commodity trading center. LME confirmed that it is currently in the early stages of exploring the tokenization of metal inventories that have not been issued warehouse receipts.Unlike warehouse metal that already has standardized financing mechanisms, this type of inventory currently lacks mature financing channels. Insiders revealed that LME plans to hold a closed-door industry roundtable meeting in early November to discuss the plan. The Hong Kong Stock Exchange is also testing carbon credit tokenization to achieve near real-time trade settlement.

The Hong Kong-listed company Ruihe Smart sold 38.76 bitcoins, worth approximately 3.1219 million US dollars, excluding transaction costs. The company intends to use the proceeds as general working capital.

Decentralized exchange UXUY announced the launch of the stock tokenization service platform uStock, primarily targeting small and medium-sized listed companies in the US and Hong Kong stock markets. The platform plans to provide share issuance, on-chain investor distribution, and post-issuance liquidity services, connecting listed companies with global on-chain investors, using stablecoins such as UUSD as tools for subscription, pricing, and settlement.According to the proposed product mechanism, each uToken corresponds to the economic rights of one share of the underlying stock, covering price changes, cash dividends, and corporate actions such as stock splits and mergers. The underlying stocks are intended to be custodied by licensed brokerages, trusts, and other institutions, isolated through independent asset holding entities. The platform plans to disclose stock custody, token issuance, and asset coverage through a Proof of Underlying asset verification mechanism.uStock will establish an initial liquidity pool for uToken/UUSD using part of the raised funds according to the issuance documents and will introduce on-chain market makers. As the spot market and infrastructure advance, the platform intends to gradually support round-the-clock on-chain trading and explore integration with UXUY's self-developed Perp DEX to expand on-chain perpetual contract trading for corresponding uToken assets.UXUY founder 0xKevin stated, "We are bringing stablecoins into more real asset scenarios, allowing US and Hong Kong listed companies to connect with global investors and capital. In the future, we will continuously improve issuance, trading, and liquidity services around real stock rights, establishing a more long-term connection between corporate growth and global on-chain capital."

According to market news, Mirae Asset Securities (HK), a subsidiary of Mirae Asset Securities in South Korea, announced that it has completed a tokenized financing note issuance on the Solana blockchain, targeting qualified institutional investors.The note is denominated in US dollars, has a six-month term, and is a floating-rate note, included in the company's $3 billion guaranteed structured note program. Marketnode, a regulated digital market infrastructure operator in Singapore, acts as the authorized distributor, with support from the Solana Foundation. Mirae Asset is responsible for the token issuance, payment, and full lifecycle management. The note is offered only through private placement to professional investors as defined by the Hong Kong Securities and Futures Ordinance, and is not approved or registered by the Hong Kong Securities and Futures Commission.

The Hang Seng Index Company announced that the Hang Seng Hong Kong American Technology Index will add Anthropic, PBC (stock code: ANT.O) to the list of designated U.S. listed constituent stocks, provided that Anthropic confirms its listing. The weight of the 9 U.S. listed constituent stocks will be recalculated to equal weight after the close of trading on the 7th trading day following Anthropic's listing, with the new constituents and new weights taking effect on the 11th trading day.The index will also update the stock selection criteria, constituent stock selection methods, rapid inclusion mechanisms, and replacement rules for temporarily removing constituent stocks, and will introduce new liquidity requirements. The new methods will be adopted starting from the index review ending on September 30, 2026, with the relevant constituent stock changes taking effect on December 14, and the index name and code will remain unchanged.

The Hong Kong Investor and Financial Education Committee issued a notice highlighting the risks of trading tokenized funds in the secondary market, including price discrepancies and trading risks, liquidity risks, price fragmentation risks, and reliance on market makers risks. The Committee stated that tokenized funds traded on virtual asset trading platforms may experience significant premiums or discounts compared to their net asset value.The Committee pointed out that investors should understand the investment objectives, strategies, characteristics, operations, and related investment risks of the underlying funds, as well as the tokenization arrangements, including whether transactions are ultimately settled on-chain or off-chain and the associated risks. Investors should also pay attention to trading channel information, market maker arrangements, applicable fees, potential trading suspensions, secondary market trading risks, and the options and related impacts of purchasing or redeeming tokenized fund units at net asset value.

Grvt has subscribed to the tokenized financing notes arranged by the Hong Kong subsidiary of Mirae Asset Securities, one of South Korea's largest brokerages, as the first step in the cooperation between the two parties.Grvt stated that it plans to integrate the relevant exposure into its wealth management feature Grvt Earn. In the future, both parties will also explore products such as tokenized government bonds, corporate bonds, and ETFs. Grvt indicated that products like tokenized government bonds are only potential directions and not confirmed for launch, depending on regulatory and internal approvals.

The Hong Kong Monetary Authority issued a notice disclosing that it has received a large number of public inquiries regarding fraudulent activities involving counterfeit digital Hong Kong dollar projects. The related scam agreements claim to convert loans into digital Hong Kong dollar assets, deceiving the public into signing agreements. The Monetary Authority sternly clarifies that the related fraudulent agreements and lending projects have absolutely no connection with the Monetary Authority and emphasizes that it will not contact citizens regarding personal financial matters or conduct fund transfers.All institutions participating in the "Digital Hong Kong Dollar" pilot program and other sandbox programs under the Monetary Authority will not raise funds from the public or provide financial management and investment products in the name of the related programs. The Monetary Authority has reported the incident to the Hong Kong Police and reminds the public to verify relevant information through the Monetary Authority's official website. If personal information has been provided to suspicious websites or applications, or if there is a suspicion of being deceived, one should immediately contact the police or the Information Center of the Criminal Headquarters of the Hong Kong Police Force.

According to PR Newswire, City University of Hong Kong announced a survey on the social impact of artificial intelligence. The willingness of Hong Kong citizens to use AI increased from 67.4% in early 2025 to 77.5% in mid-2026, a cumulative increase of 10.1 percentage points; 53.7% of respondents are still quite concerned about their jobs being replaced by AI, a figure that remains roughly the same as the previous year.The survey was led by Professor Huang Yihui from the Department of Media and Communication at City University, conducting three rounds of longitudinal online surveys from February to April 2025, December 2025 to February 2026, and May to July 2026. The latest round surveyed 1,362 Hong Kong citizens aged 20 and above and analyzed a longitudinal sample of 398 participants who took part in all three rounds.The results show that among respondents aged 20 to 34, 61.3% are worried about job security, 60.6% of bachelor's degree holders are concerned about being replaced by AI, and 56.6% of middle-income citizens earning between 30,000 to 60,000 Hong Kong dollars expressed similar concerns. In terms of healthcare, most citizens accept AI assistance in personal health management, but clinical diagnostic decisions still tend to be led by doctors.

According to Bloomberg, Hong Kong cryptocurrency payment card company Redotpay is preparing to submit a confidential IPO application to the U.S. SEC by the end of the year, with a target valuation of at least $5 billion.The report indicates that the company is still negotiating pre-IPO financing with a valuation between $4 billion and $5 billion. Public information shows that the company currently has over 9 million customers and an annual revenue of over $180 million. Redotpay also raised $194 million in 2025, with supporters including the venture capital arms of Coinbase and Circle.

The Sun Wukong ecosystem will hold a deep roundtable discussion themed "When DeFi Moves Towards Global Open Finance: From JUST Brand Upgrade to Multi-Token Deflationary Mechanism, How Does the TRON Ecosystem Build a Long-Term Growth Flywheel?" on October 27 at 8 PM at X Space.This event will focus on the ongoing exploration of the JUST brand upgrade and the multi-token buyback and burn mechanism, delving into the growth drivers for the next phase of DeFi. Invited industry KOLs will jointly analyze whether buybacks and burns can truly form long-term value support, and how to combine real business, user demand, and ecosystem activity when DeFi is no longer limited to a single product, allowing business growth and token economics to form a virtuous cycle, exploring sustainable growth models for the TRON ecosystem.

According to BBX data, last weekend, publicly listed companies and brokerages worldwide disclosed the latest developments in digital asset treasury allocation and trading channel services, with the core information as follows:The Smarter Web Company increased its holdings by 20 bitcoins: The London-listed technology company The Smarter Web Company officially announced that it recently made another asset allocation, increasing its holdings by 20 bitcoins. After this purchase, the company's total bitcoin holdings on its balance sheet have steadily risen to 2,850 BTC.Marinade released Q3 financial report, SOL staking volume increased significantly by 21.2%: The well-known Solana staking ecosystem project Marinade released its third-quarter financial report. The data shows that its SOL staking volume achieved significant growth, increasing by 21.2% to 7.94 million SOL. The company generated approximately $1 million in revenue for the quarter, demonstrating a robust cash flow in the on-chain staking ecosystem.Futu Securities (Hong Kong) launched BNB deposit and withdrawal services for qualified professional investors: Futu Holdings' Futu Securities International (Hong Kong) Limited officially announced the full launch of BNB deposit and withdrawal services for qualified professional investors (PI) in Hong Kong. Qualified investors can now use the BNB Smart Chain (BEP20) network to deposit funds from self-custody wallets to Futu crypto accounts or withdraw to verified whitelist addresses. Previously, Futu's wholly-owned licensed virtual asset trading platform in Hong Kong, PantherTrade, had already launched BNB trading pairs.

China Asset Management (Hong Kong) and Futu's licensed virtual asset trading platform Cheetah Trading announced the launch of a digital public fund approved by the Hong Kong Securities and Futures Commission, offering 24/7 secondary market trading services. Retail investors can buy and sell tokenized shares of China Asset Management's Hong Kong dollar and US dollar digital currency market funds year-round, with the first phase trading related Class F shares in Hong Kong dollars and US dollars.This service features real-time indicative net asset value (iNAV) display, price deviation alerts, and a 5-minute cooling-off period. 24/7 trading is only applicable to the secondary market, while subscriptions and redemptions in the primary market must still comply with the fund's sales documents and same-day net asset value calculation arrangements.

The Hong Kong Securities and Futures Commission has approved the world's first tokenized funds for public offering to be traded on licensed virtual asset trading platforms in the secondary market. Two existing tokenized money market funds have begun offering round-the-clock trading. The Securities and Futures Commission will closely monitor trading activities and consider expanding the range of products.

Most Hong Kong chip stocks fell, with Hua Hong Semiconductor (01347.HK) down over 7%, ASMPT (00522.HK) down over 6%, Wallen Technology (06082.HK), Tianshu Zhixin (09903.HK), and Zhaoyi Innovation (03986.HK) down over 5%.Some artificial intelligence stocks strengthened, with Qunhe Technology (00068.HK) up over 15%, Chipone Technology (02166.HK) up over 4%, NetEase-S (09999.HK) up over 3%, and Meitu (01357.HK) up over 2%.

The Hong Kong dollar stablecoin joint venture Anchorpoint, established by Standard Chartered Bank and Animoca Brands, stated that it will cautiously advance products aimed at retail users and has not confirmed a specific launch time. Anchorpoint's CEO Dominic Maffei declined to reiterate the previous timeline of "opening retail by the end of 2026" during a press conference on Friday, stating that the company would adopt a prudent strategy. He mentioned that the market should be built in a long-term and sustainable manner, and rushing to launch is "not reasonable."Anchorpoint launched its institutional-grade stablecoin product in August 2026. This statement comes as HSBC launched the Hong Kong dollar stablecoin RedCoin for its 3.3 million PayMe app users on Friday. Anchorpoint originates from the collaboration between Standard Chartered Bank, Animoca Brands, and telecommunications operator HKT, which was announced in February 2025. The three parties previously participated together in the Hong Kong stablecoin issuer sandbox in July 2024. Animoca is responsible for providing blockchain expertise and industry networks for the joint venture and promoting the application of the stablecoin in the Web3 ecosystem.

Solana Company announced that it has been recognized as a strategic enterprise by the Hong Kong Special Administrative Region Government's Office for Attracting Strategic Enterprises (OASES) and has been included in the seventh batch of strategic enterprises. The company is the only blockchain infrastructure enterprise introduced by this office in 2026.Solana Company has established an office in Hong Kong, serving as the company's Asia-Pacific headquarters and regional operations base, with the management team overseeing Asia-Pacific business. The company plans to conduct validator node operations in Hong Kong through the Pacific Backbone initiative.

According to official news, Futu Securities has opened BNB deposit and withdrawal services for qualified professional investors in Hong Kong, further expanding the virtual asset service chain.Qualified professional investors can now deposit funds via the BNB Smart Chain (BEP20) network between self-custody wallets and Futu crypto accounts, or withdraw to verified whitelist addresses, achieving compliant interconnection between on-chain assets and the securities trading ecosystem.

According to etnet, the Secretary for Financial Services and the Treasury of Hong Kong, Christopher Hui, stated that Hong Kong's progress in tokenization is moving from the experimental stage to the implementation stage. Currently, Hong Kong has gathered over 1,400 fintech companies, including 8 virtual banks, 4 virtual insurance companies, and 12 licensed virtual asset trading platforms.Christopher Hui mentioned that in the future, the government will leverage its advantages to build a more complete financial ecosystem, inject new momentum into the development of the financial industry, and adhere to a forward-looking strategy. The Hong Kong Stock Exchange is committed to launching a pilot program for tokenized warehouse receipt financing next year, collaborating with designated banks to utilize distributed ledger technology to promote the use of commodity warehouse receipts as collateral and establish a multi-asset tokenization platform covering recognized warehouse commodity warehouse receipts.

According to Gate market data, Hong Kong stocks in artificial intelligence have strengthened, with Zhipu rising over 6%, MINIMAX-W rising over 9%, Xunce rising over 5%, and Xiaomi rising over 4%.