According to Hong Kong Economic Daily, the Hong Kong Securities and Futures Commission (SFC) is considering allowing licensed virtual asset trading platforms (VATPs) to provide secondary trading services for tokenized securities to retail clients. Deputy Director of the SFC's Intermediaries Division, Lo Hoi-shing, stated that the authorities are studying relevant requirements, operational risks, and control measures, and are drafting related circulars. Currently, Hong Kong retail investors can only subscribe to and redeem tokenized funds in the primary market. Lo Hoi-shing specifically mentioned that the authorities are concerned about local tokenized money market funds and hope to allow their trading on licensed VATP platforms, having initially consulted the industry on related requirements.