On the 15th of this month, hkex (00388.HK) launched a series of virtual asset indices to provide reliable benchmark prices for this rapidly emerging asset class, thereby supporting Hong Kong's development as asia's leading digital asset hub.

OSL executive director and head of regulatory affairs, Diao Jiajun, stated that under the Securities and Futures Commission's virtual asset trading platform (VATP) regulatory framework, each platform must consider independent indices when evaluating tokens for retail investors to trade. Before the launch of the virtual asset indices series, the market had to rely on overseas indices. Therefore, the introduction of the virtual asset indices series is an important milestone for the industry, and the introduction of local indices and infrastructure is undoubtedly a breakthrough development. It is expected to accelerate the introduction of new tokens in the Hong Kong market and facilitate the support and development of more innovative retail products, which is likely to further promote the improvement and upgrade of Hong Kong's virtual asset ecosystem.