Breaking: China Orders Brokers to Halt Real-World Asset Business in Hong Kong

In a new development, China instructed some domestic brokerages to halt their real-world asset (RWA) activities in Hong Kong. The move underscores a widening policy gap between the mainland and Hong Kong. China Moves to Cool Hong Kong’s RWA Momentum According to Reuters, the China Securities Regulatory Commission (CSRC) has issued informal guidance to at

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