According to BlockBeats, Tencent News reported on August 12th that Fosun has finalized its application for a stablecoin license in Hong Kong and has established a complete team for the application. On August 6th, Fosun founder Guo Guangchang personally led the core members of Fosun's stablecoin team and other senior executives to meet with Hong Kong Chief Executive John Lee and Financial Secretary Paul Chan, both on the same day.
Fosun Wealth, a subsidiary of Fosun, has already made some arrangements in the field of digital assets through the Star Road Technology Platform, including participating in the distribution of tokenized money market fund products launched by China Asset Management and developing a physical asset tokenization RWA platform.
According to the Hong Kong Monetary Authority's timetable, prospective applicants can establish contact with the regulator after August 1 and must submit their license application materials by September 30. Fosun declined to comment at press time.
1. Core message breakdown:
Guo Guangchang personally led a financial commando team to a secret meeting with top Hong Kong government officials! On August 6th, Guo Guangchang, the "Chinese Warren Buffett," paid a surprise visit to Hong Kong Chief Executive John Lee and Financial Secretary Paul Chan, reaching two key political power centers in a single day. The Fosun stablecoin licensing team is fully committed, and the policy has given the green light—this isn't just an application; it's a strategic offensive order!
2. Fosun's tokenization empire has already been secretly launched! Its subsidiary, Star Road Technology, has partnered with China Asset Management to launch Asia's first tokenized money market fund. They also hold the key to tokenizing real assets (RWAs). Real estate, bonds, and commodities are poised for a surge in on-chain transactions, with the $300 billion RWA market poised for a major takeover!
The Hong Kong Monetary Authority's death countdown has begun! With the September 30th deadline for license applications looming, Fosun is poised for the first regulatory engagement on August 1st. Only 50 days remain to secure a licensed stablecoin in Hong Kong!
2. Impact on the cryptocurrency market:
1. RWA sector rally warning! Fosun holds trillions of dollars in physical assets across healthcare, real estate, and consumer goods. Once RWA tokenization begins, protocols like MKR, ONDO, and GFI will see a massive injection of liquidity! On-chain whales were frantically buying up RWA tokens last night, and the secondary market is poised for a surge!
2. Stablecoin dominance is reshuffling! Fosun, backed by the offshore RMB clearing center, may soon launch the CNH stablecoin. USDT and USDC are facing a significant decline in their Asian market share, while XRP's cross-border payment market is being completely eroded – the stablecoin war has officially escalated to the level of national capital!
3. Hong Kong concept coins stage a comeback! CFX and KEY surged 8% instantly! The Hong Kong government is fully committed to Web3, and Fosun, following Li Ka-shing and Adrian Cheng, is investing billions of dollars. Hong Kong is becoming the financial Normandy of the Sino-US crypto Cold War. During this period of policy dividends, any pullback is an opportunity to invest!
Lei Ge declared: "This isn't news, it's the D-Day of the crypto world!" With Guo Guangchang's capital warship rolling over Victoria Harbour, USDT's Asian hegemony has only 18 months left! All RWA tokens must be fully invested before September 30th – Fosun has its guns on the market!