DeThings Observation | Can Hong Kong's RWA Complete the "Financial Translation" of Mainland Assets? In 2026, with weakening global asset returns and fragmented liquidity, a new structure is taking shape: → Mainland: Providing real cash flow assets → Hong Kong: Completing compliant issuance and credit endorsement → Overseas: Responsible for pricing and capital amplification Essentially, this is a restructuring of the financial division of labor. Key highlights: • Policy shift: From "complete prohibition" to "compliant cross-border channels" • Liquidity upgrade: T+0 + fractionalization + stablecoins = 7x24 trading • Asset evolution: From "holding" → "programmable and composable" • New variable: AI is reshaping asset pricing and risk control systems Today, Hong Kong is translating "Chinese assets" into "the language of global capital returns." Read the original article below 👇 q.dethings.com/news.php?id=128...… #RWA #HongKong #DeFi #Crypto #RealWorldAssets