📢【Breaking News! The Hong Kong Stock Exchange Will Launch a Virtual Asset Index Series】📢

Hello everyone! Today we bring you an exciting piece of news. On October 28, the Hong Kong Stock Exchange (HKEX) announced that it will officially launch the Hong Kong Stock Exchange Virtual Asset Index Series on November 15, 2024. This initiative aims to provide a reliable benchmark price for the rapidly emerging asset class of virtual assets, helping Hong Kong become a leading digital asset hub in Asia.

First, let's take a look at the main functions of this index series. The series will provide transparent and reliable benchmarks for the pricing of Bitcoin and Ethereum in the Asian time zone. This means that whether you are in Hong Kong or other parts of Asia, you can obtain a unified reference price through this index, thereby addressing the issue of price discrepancies between global exchanges for virtual assets. Isn’t that convenient?

HKEX Group CEO Charles Li stated: "We are pleased to launch the Hong Kong Stock Exchange Virtual Asset Index Series to meet the regional demand for this rapidly emerging asset class. By providing transparent and reliable real-time benchmarks, we hope to help investors make informed investment decisions, thereby supporting the healthy development of the virtual asset ecosystem and consolidating Hong Kong's status as an international financial center."

This news undoubtedly injects a shot of adrenaline into the virtual asset market. For investors, transparent and reliable benchmark prices can help them make better investment decisions and reduce risks arising from price discrepancies. At the same time, it also demonstrates Hong Kong's ambition in the digital asset field, striving to secure a place in this emerging market.

Of course, how the market reacts remains to be seen over time. However, regardless, this initiative has brought new possibilities for the virtual asset market. We look forward to seeing more innovations and developments that contribute to the healthy growth of the virtual asset ecosystem.

Dear friends, what are your thoughts on the virtual asset index series launched by HKEX? Feel free to share your views and opinions in the comments section, and let’s discuss this exciting topic together! 🎉

In summary, HKEX's initiative is undoubtedly a positive signal, indicating that the virtual asset market is gradually maturing and becoming more regulated. In the future, we have reason to believe that with the launch of more similar initiatives, the virtual asset market will usher in a brighter outlook.

Alright, that’s all for today’s news flash. Thank you for your attention, and I look forward to seeing your wonderful discussions in the comments section!