Wu Shuo learned that Hong Kong ETF issuer Southbound East Asia announced a partnership with HSBC to launch the "Southbound East Asia Hong Kong Dollar Money Market ETF" (OSL signed a memorandum of understanding). The product mainly invests in HKD-denominated short-term deposits and high-quality money market instruments, allowing investors to hold fund shares directly through tokens. HSBC will serve as the tokenization agent, trustee, and transfer agent; Southbound East Asia will exclusively launch this product with OSL within the next 6 months, supporting subscription and redemption.

HSBC-1.57%
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