"New Fire Group Chief Economist Fu Peng: Interpreting Bitcoin's Asset Properties, Hong Kong Real Estate, and General Wealth Management Advice" (Author: Fu Peng, Translated by Techub News)


New Fire Group Chief Economist Fu Peng stated in an interview that Bitcoin is not a traditional "digital gold" or a safe-haven asset, but is closer to the "valuation layer" within AI-related assets. Essentially, it is a tradable commodity with a function of maintaining value. He believes that as the U.S. regulatory framework becomes clearer, Bitcoin's asset nature has been clarified, which is also an important prerequisite for traditional financial institutions to start allocating to crypto assets.
Fu Peng also pointed out that 2026 will be a key year for the integration of the FICC framework with crypto, and the connection between traditional finance and crypto assets will accelerate further. Regarding Hong Kong, he believes that IPO capital accumulation, talent inflow from mainland China, and partial capital repatriation are providing support for the real estate market, while Hong Kong's core role in the global digital asset landscape is as a "connection point" and "testbed" for linking Eastern and Western regulatory and financial systems.
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