Coming soon! Shanghai Digital Exchange takes the lead in exploring a new model of joint issuance and trading of digital assets between Shanghai and Hong Kong

On April 13, the digital asset “Postal Digital Postcard 2024” jointly issued by Shanghai Data Exchange and China Post was unveiled at the 2nd Hong Kong International Innovation and Technology Exhibition (InnoEX). Exhibitors can receive it first at the conference site. The issuance of this digital asset completed the joint issuance and transaction circulation between Shanghai and Hong Kong, and deepened the linkage mechanism of digital assets between Shanghai and Hong Kong.

The Shanghai Data Exchange provides China Post with a display and registration portal, and provides regulatory guidance for the circulation behavior of market participants, promoting standardized and orderly trading of digital assets, and promoting the formation of a new development pattern of digital economy that integrates digital and real assets. This also coincides with Hong Kong’s concept of developing RWA (digitalization of real-world assets) and promoting compliance and innovative development of digital assets.

It is reported that the “Postal Digital Postcard 2024” digital asset issued this time is a secondary creation based on China Post’s “Auspicious Luck” color digital paste-type postage machine stamp (the pattern is a carp leaping over the dragon gate). It strengthens Shanghai’s digital assets in the form of digital assets Hong Kong linkage. The Carp Jumping Over the Dragon Gate is an ancient Chinese folklore. It tells the story of a carp that can transform into a real dragon by jumping upstream over the Dragon Gate. It symbolizes the outstanding qualities of self-improvement and perseverance in Chinese culture, and also means that everything in the world must be protected. Work hard, forge ahead, dare to think, dare to do, and dare to dream. The two digital assets issued this time will be simultaneously registered on the Shanghai Data Exchange.

During the issuance period of this digital asset (2024/04/13-2024/04/30), users in mainland China can purchase and receive digital assets on the “Gaoguang Shike” issuance platform, and users in Hong Kong can purchase and receive digital assets on the “Mylink” issuance platform; in addition, the Shanghai Data Exchange will set up a collection point at the Hong Kong International Innovation and Technology Exhibition for users to collect. The digital assets of mainland China are endowed with rich postal rights and interests, and this digital asset will be open for trading on the Shanghai Data Exchange Digital Asset Trading Platform; the digital assets of Hong Kong are only available for free to users participating in the Hong Kong International Innovation and Technology Exhibition with an on-site invitation code, and are only for collection and souvenirs.

Digital assets are an important part of the data element industry ecosystem. The joint issuance of the digital assets of “Postal Digital Postcard 2024” between Shanghai and Hong Kong is a continuous exploration of the value of digital assets and an important practice in developing new quality productivity. The issuance and transaction of digital assets have promoted the innovation of business models, provided more possibilities for the innovative development of enterprises and the dissemination of Chinese culture, and injected new vitality and impetus into the digital economy.