Svmuu News: Leung Fung-yee, Chief Executive of the Hong Kong Securities and Futures Commission, delivered a keynote speech at the 2026 EU-Asia Financial Services Dialogue organized by the Association of Asian Securities and Financial Markets. She stated that Hong Kong must thoroughly upgrade its market infrastructure, particularly in the areas of financial product fragmentation, clearing, and settlement, and that distributed ledger technology (DLT) and tokenization offer a way forward. The true value of tokenization lies in its programmable nature, which supports a wide range of investment products, including bonds, funds, and even gold. As the tokenization ecosystem continues to expand, it is essential to effectively integrate relevant innovative projects, seamlessly combining market confidence in traditional finance with the efficiency of decentralized finance to further unlock liquidity. Leung Fung-yee revealed that the Hong Kong Securities and Futures Commission (SFC) has co-chaired a working group under the Asia-Pacific Committee with the Australian Securities and Investments Commission (ASIC) to combat online scams, and has exchanged intelligence with global counterparts to participate in standard-setting and coordination efforts in areas such as digital assets.