Hong Kong's First Five-Year Plan for 2026-2030 and the Chief Executive's 2026 Policy Address set out a digital-finance strategy built around regulated stablecoins, tokenization and integration with conventional financial markets. The government plans to permit regulated stablecoins to trade on licensed virtual-asset platforms and settle tokenized money market funds, while the Securities and Futures Commission will develop rules for tokenized gold and other suitable real-world assets. The Hong Kong Monetary Authority plans to introduce central bank digital currency settlement and 24-hour operations through EnsembleTX around the end of 2026, as authorities regularize digital-bond issuance and test tokenized Exchange Fund Bills. Digital bonds issued in Hong Kong between 2025 and the first half of 2026 represented nearly half of the global market, according to the Policy Address. Regulatory oversight will also expand, with digital-asset custody surveillance due to start in the second half of 2026 and CrypTech market and anti-money-laundering surveillance components scheduled for 2027.