21st Century Business Herald: HKEx will launch blockchain bidding

According to the 21st Century Business Herald, the advantages of blockchain technology, such as high transparency, low cost and high efficiency, make the major exchanges eager to move. At the end of last year, the Hong Kong Stock Exchange officially cooperated with DigitalAsset to develop a post-trade distribution and processing platform for the Shanghai-Shenzhen-Hong Kong Stock Connect to the northbound trading and blockchain-driven. Liang Songguang, chief technology officer of the Hong Kong Stock Exchange, said that the current concept verification results are satisfactory and will invite all parties to participate in the bidding. The HKEx has been extracting key information from listed companies, market surveillance, and identifying investor behavior patterns.