According to PANews, Wang Zhuofeng, Managing Director and Head of Sales for Asia-Pacific at Southern Asset Management, they highlighted the volatility of Bitcoin and the uncertainties surrounding the U.S. presidential election and Federal Reserve policies. Investors are naturally seeking products that allow for straightforward and direct bearish positioning and short-term hedging tools to navigate market uncertainties flexibly.

To foster the development of Hong Kong's digital asset ecosystem, Wang emphasized the importance of locally regulated digital asset derivatives. Such products would not only enhance market liquidity and transparency but also provide investors with more investment choices and opportunities. This could attract more professional investors and large institutions to participate in Hong Kong's digital asset market.

Locally regulated derivatives would enable investors to manage risks and allocate assets more flexibly and conveniently, further promoting Hong Kong as a global hub for digital asset trading and investment.