hkex

According to Ledger Insights, the Hong Kong Monetary Authority plans to launch a wholesale central bank digital currency (wCBDC) for interbank settlement by the end of this year, as part of Project EnsembleTX, for 24-hour settlement of tokenized deposit transactions.The project is set to enter the real transaction pilot phase by the end of 2025, but currently, interbank settlements still rely on the RTGS system that operates only during working hours. The wCBDC will be used to address this limitation. In addition, the wCBDC is also planned to be used for the settlement of over-the-counter derivatives trading on the Hong Kong Stock Exchange (HKEX), with the goal of implementing related real fund transactions within this year.

ChainCatcher message, Hong Kong Exchanges and Clearing Limited (HKEX) announced the launch of the HKEX Data Marketplace, providing data users with a smoother online platform to access historical data and reference data from the Hong Kong Stock Exchange.In the initial launch, the HKEX Data Marketplace offers data products including: CCASS holding data for commercial use, historical comprehensive data of the HKEX securities and derivatives markets, and daily reference data of the securities market.

ChainCatcher news, the new CEO of the Hong Kong Stock Exchange Group, Charles Li, stated in an interview with the Shanghai Securities Journal that the competitors of the Hong Kong Stock Exchange come not only from other securities market exchanges but also from outside the industry, such as virtual asset exchanges. Customer demand is evolving, and technological innovation is rapid. The Hong Kong Stock Exchange must maintain a balance between daring to innovate and business stability, continuously expanding its resources for listed companies and enhancing market services.

ChainCatcher news, the Hong Kong Stock Exchange plans to launch the Shanghai-Shenzhen-Hong Kong Stock Connect trading settlement acceleration platform HKEX SYNAPSE on October 9. This platform uses the open-source smart contract language DAML to synchronize data across blockchains and centralized databases, standardizing and simplifying post-trade workflows, improving operational efficiency and transparency, while reducing settlement risks.