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Hong Kong launches digital green bonds with major banks

Hong Kong (HK) is taking significant strides in digital asset finance in Asia. The city has engaged five major banks, including HSBC Holdings Plc and Credit Agricole CIB, to lead a series of digital green bond sales. This move is a testament to Hong Kong’s commitment to merging advanced financial technologies with sustainable practices, leveraging blockchain technology to boost the financial sector’s efficiency and transparency. The involvement of renowned financial institutions such as the Bank of China (Hong Kong), Industrial and Commercial Bank of China (Asia) Ltd., and UBS Group AG in this initiative underscores the Hong Kong government’s dedication to exploring the possibilities of digitally native green bonds.


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