CoinVoice has recently learned that Guotai Junan International stated that, according to the circular published by the Hong Kong Securities and Futures Commission (regarding intermediaries engaging in activities related to tokenized securities), relevant business plans for 'tokenized securities distribution business' and 'digital bond issuance business' have been submitted and confirmed by the regulatory authority with no further issues.
It was pointed out that Guotai Junan International submitted a wealth management business plan to the Hong Kong Securities and Futures Commission on January 21, 2025, intending to distribute tokenized securities to clients or provide advice on tokenized securities based on the existing securities trading foundation. The types of tokenized securities covered in the plan include: structured products linked to multiple underlying assets (such as structured notes, over-the-counter derivatives), funds recognized by the Securities and Futures Commission and unrecognized funds, as well as bonds. The Hong Kong Securities and Futures Commission sent a confirmation email on May 7, 2025, indicating no further issues with the plan.
At the same time, Guotai Junan International submitted a digital bond issuance business plan to the Hong Kong Securities and Futures Commission based on its existing bond issuance business, and in the future, will be capable of serving as the overall coordinator, syndicate capital market intermediary, or 'settlement agent' in digital bond issuance projects. The Hong Kong Securities and Futures Commission confirmed on April 2, 2025, that there were no further issues with the plan. [Original link]