Wu said that the Hong Kong Monetary Authority launched the "Digital Bond Funding Scheme" announced in the 2024 Policy Address on November 28. Each digital bond issued in Hong Kong can receive a maximum of HK$2.5 million in funding, and the plan will initially last for three years. Earlier, HKMA Chief Executive Eddie Yue said that more than US$10 billion in tokenized bonds have been issued globally in the past 10 years. The Evergreen project has successfully crossed the proof of concept, and the next step will be to promote the widespread use of tokenized bonds in the market. The HKMA supports the development of the tokenized market through the Ensemble sandbox, exploring use cases including fixed-rate income, investment funds, liquidity management, green finance and supply chain financing.