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Caixin: Industry Insiders Say Hong Kong Monetary Authority Encourages New Energy, Aviation Trade Financing RWA Cases
Summary: According to Caixin, overseas RWA fundraising is heating up, with concerns about the quality of underlying assets, trading structures, pricing, and unclear fund flows. The earliest RWA cases in China come from Ant Group, involving domestic assets-Hong Kong rights-global circulation paradigm, not open to retail investors as per Hong Kong regulatory requirements. Industry insiders say ...
According to Caixin, overseas RWA fundraising is heating up, with concerns about the quality of underlying assets, trading structures, pricing, and unclear fund flows. The earliest RWA cases in China come from Ant Group, involving domestic assets-Hong Kong rights-global circulation paradigm, not open to retail investors as per Hong Kong regulatory requirements. Industry insiders say the Hong Kong Monetary Authority encourages new energy, aviation trade financing RWA cases, but not real estate projects. Investors mainly consist of Hong Kong private equity, family offices, wealth management institutions, with fewer international capital and easier understanding for Chinese investors. Many RWA projects have limited fundraising capabilities, but the fast issuance process and low thresholds have attracted companies looking to form coin-stock linkage. Observers point out that the current RWA equity sharing mechanism does not consider the costs of related assets, potentially contradicting basic economic logic.
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Link: Caixin: Industry Insiders Say Hong Kong Monetary Authority Encourages New Energy, Aviation Trade Financing RWA Cases [Copy]
