Odaily Planet Daily News: The Hong Kong Securities and Futures Commission announced that it will launch a new online application and submission system called e-IP on July 29, which is designed specifically for investment products managed by the Investment Products Department. e-IP is developed based on the existing WINGS electronic service platform. It is a one-stop online platform designed specifically for e-IP users to submit new product approval applications and applications or submissions after approval/registration, track application progress, organize investment product data files, and settle related fees. After the new system is launched, the industry will be able to submit new product approval applications and applications or submissions after approval/registration through e-IP. At that time, the existing application and regulatory document submission channels will run in parallel with e-IP for three months until October 29, 2024, so that market participants can familiarize themselves with the new system.