CITIC Construction Investment: Stablecoins, RWAs, and other digital asset sectors are expected to accelerate into a new stage of development.

[CITIC Construction Investment: Stablecoins, RWA and other digital asset sectors are expected to accelerate into a new stage of development] CITIC Construction Investment's research report states that the regulatory policy for stablecoins in Hong Kong continues to break through, with the official release of the "Hong Kong Digital Asset Development Policy Declaration 2.0," marking the transition of Hong Kong's digital asset market from the "experimental plan" stage to the "implementation and promotion" stage; brokerage firms are laying out the virtual asset trading service market, which may initiate a wave of license upgrades, and the digital asset era is expected to accelerate its full opening, with stablecoins, RWA and other digital asset sectors expected to usher in a new stage of vigorous development.