TechFlow News, June 24: The Securities and Futures Commission (SFC) of Hong Kong released its “Annual Report 2025–26,” revealing significant growth across various asset classes in Hong Kong’s capital markets over the past year—including investment funds, digital assets, and the stock market. Tokenized investment products saw accelerated growth: as of March, the assets under management (AUM) of the 13 SFC-authorized retail tokenized products surged nearly sixfold year-on-year to HK$10.8 billion. Meanwhile, the total market capitalization of the 11 spot virtual asset ETFs reached HK$4.3 billion, representing a 90% increase since their launch in 2024; the SFC also approved Asia’s first Solana spot ETF. Trading volumes on the 12 licensed virtual asset trading platforms rose sharply by 125% year-on-year.
Additionally, to sustain high-quality growth, the SFC completed statutory work on four new regulatory frameworks—covering virtual asset trading, custody, provision of advice, and fund management—and issued 47 warnings targeting virtual asset trading platforms and investment products.




