The Hong Kong Securities and Futures Commission published a statement welcoming the measures in the Chief Executive’s Policy Address 2025 aimed at strengthening Hong Kong’s markets, including initiatives on the listing regime, Stock Connect, digital asset (DA) offerings and the development of fixed income and currency (FIC) markets. Key proposals highlighted include bringing renminbi counters and real estate investment trusts into Stock Connect, expanding DA products and services for professional investors, and building out FIC markets by fostering bond issuance, promoting the establishment of a commercial repo market, launching Treasury futures and upgrading financial infrastructure. Work is underway with the Hong Kong Monetary Authority to set out a comprehensive FIC Roadmap, and the two authorities will co-host the Hong Kong FIC Forum on 25 September. The release also pointed to the SFC’s ASPIRe Roadmap dated 19 February 2025 and an SFC press release dated 21 August 2025 for further detail.