Deep Tide TechFlow News, on July 7, according to Ming Pao, Hong Kong's Secretary for Financial Services and the Treasury, Christopher Hui, stated that the settlement cycle for tokenized green bonds issued by the Hong Kong government has been shortened from the 5th trading day after the transaction (T+5) to T+1. Tokenization enhances the speed of fund transfer and trading efficiency, and digital assets and their blockchain technology can reduce friction costs in transactions. Tokenization is expected to be widely utilized and connected to the real economy.