Hong Kong clears secondary trading of tokenized money-market funds

The Securities and Futures Commission (SFC) of Hong Kong has granted approval for its inaugural secondary market trading involving tokenized public funds on October 26, 2026. Two ChinaAMC money-market funds can now trade on a licensed exchange, allowing investors greater flexibility in managing their investments. The focus now remains on whether extended trading hours will really provide liquidity. From an April rulebook to a working market In its circular dated April 20, 2026, the SFC extended the application of its November 2023 tokenization guidelines beyond primary subscriptions and redemptions. As per lawyers at King & Wood Mallesons, the applied framework has its roots in the rules governing ETFs.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Cryptopolitan.