ChinaAMC Hong Kong completed Hong Kong’s first digital-asset investment using HKDAP, a Hong Kong dollar-pegged stablecoin, in collaboration with Standard Chartered Bank and other parties. The transaction used HKDAP for subscriptions and redemptions in a digital money market fund managed by China Asset Management. HKDAP was designed under the leadership of Standard Chartered Bank Hong Kong and is issued by licensed stablecoin issuer Anchor Financial. The case demonstrates how Hong Kong dollar stablecoins can connect with digital financial assets within a regulatory framework.