According to ChainCatcher, OSL Executive Director and Head of Regulatory Affairs Diao Jiajun revealed that the launch of the virtual asset index series by the Hong Kong Stock Exchange is an important milestone in the development of the industry. The introduction of local indexes and infrastructure is undoubtedly a breakthrough development. It is expected to accelerate the introduction of new tokens in the Hong Kong market and will be conducive to supporting and developing more innovative retail products. It is expected to further promote the improvement and upgrading of Hong Kong's virtual asset ecosystem.
Under the regulatory framework of the Hong Kong Securities and Futures Commission's Virtual Asset Trading Platform (VATP), each platform must consider independent indexes when evaluating the inclusion of tokens for retail investors to buy and sell. Before the launch of the virtual asset index series, the market needs to rely on overseas indexes.