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Hong Kong Securities Association: The industry believes that "stable coins and virtual assets" have become the engine of Hong Kong's financial development as much as 28%.

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Reprinted from panewslab

02/21/2025·2M

PANews reported on February 21 that according to the Hong Kong Ta Kung Pao, a survey by the Hong Kong Securities Association showed that although half of the respondents said they recorded losses last year, 7% and 21% believed that their business will expand significantly and moderately this year. The survey shows that the securities industry believes that "artificial intelligence financial applications", "stable coins and virtual assets" and "security market reform" will become the three major engines of Hong Kong's financial development, and the proportion of "stable coins and virtual assets" is as high as 28%.

In addition, the survey also found that the Hong Kong securities industry believes that the most worthy of investment and development in 2025 include virtual assets, investors' overseas immigration plans, family offices, green finance, etc., with virtual assets accounting for the highest proportion, reaching 36%. Li Yingyu, vice chairman of the Hong Kong Securities Association, said that with the development of emerging industries of virtual assets of Hong Kong securities companies, many mainland capitals are interested in coming to Hong Kong to develop their businesses by buying cards. Recently, the number of people consulting brokers for purchasing licenses has also increased.

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