Ying Ying of CITIC Construction Investment: With the launch of stablecoins in Hong Kong, virtual asset trading and other fields will usher in certain opportunities.

Ying Ying, chief analyst of the computer industry at CITIC Construction Investment Securities, recently stated that the Hong Kong stablecoin and the digital RMB are not in a competitive relationship, but rather collaborate to build a "de-dollarized" payment network through "currency bridge + on-chain payment"; RWA tokenization is not only asset financing, but will also reshape global asset pricing rules; with the issuance of Hong Kong stablecoin licenses, areas such as securities firms' IT transformation and virtual asset trading will usher in certain opportunities.