Odaily Planet Daily reported that Hong Kong released a white paper on the RWA industry, systematically proposing standards and a framework for asset screening, while also dispelling the market's "everything can be RWA" argument. Not all assets are suitable for RWA tokenization. Assets that successfully achieve large-scale implementation must meet three major thresholds: value stability, legal clarity of ownership, and off-chain data verifiability. Currently, it mainly covers five mainstream asset categories: financial assets such as gold, bonds, and funds; new energy assets such as photovoltaics; real estate and other real estate; intangible assets such as carbon credits, data, and intellectual property; and computing power assets such as GPU hardware. (21 Economic Network)