Odaily News Hong Kong held a closed-door seminar of the 50-person forum on data asset management to explore RWA innovation. Qiu Dagen, a member of the Legislative Council of the Hong Kong Special Administrative Region, introduced the advantages of Hong Kong in developing virtual assets and the sandbox trial practice of the Ensemble project, and put forward legislative suggestions for regulating virtual asset transactions. Pan Weidong, vice chairman of the Shanghai Exchange Group, said that tokenized assets are the most promising targets for overseas RMB investment, and the linkage between Shanghai and Hong Kong should be strengthened to jointly accelerate the process of data assetization. Liu Xiaoyu, director of the Data Asset Management Center of the National Engineering Laboratory for Big Data Circulation and Trading Technology, said that data assets, as a new track for the development of RWA, can promote global capital to provide funds for small and medium-sized entities, help release the value of new assets and upgrade the development of traditional industries. (Hong Kong Commercial Daily)