On June 8, the former Director of the Hong Kong Financial and Treasury Bureau, Huo Zhengwu, stated that the Hong Kong Securities and Futures Commission is considering introducing virtual asset derivatives trading for professional investors and will establish robust risk management measures.

According to the Huaxia Times, citing analysts, based on international experience, during the initial policy phase, the Hong Kong derivatives market is expected to experiment with perpetual contracts of major virtual assets such as Bitcoin and Ethereum. From international practice, many international organizations, including the Singapore Exchange (SGX), Coinbase, and the U.S. Commodity Futures Trading Commission (CFTC), as well as the European MiFiDII regulatory framework, prioritize perpetual contracts as an important direction for virtual asset derivatives.