Deep Tide TechFlow News, February 28, According to 21 Financial, to facilitate the use of tokenization technology in the bond market, the Hong Kong government will provide guidelines to clarify that bondholder registers can be stored on distributed ledgers, and will explore electronic signing of issuance documents and promote the electronicization of bearer bonds. Zeng Gang, Chief Expert and Director of the Shanghai Financial and Development Laboratory, believes this is a key institutional breakthrough in Hong Kong's promotion of the deep integration of digital currency and traditional finance. After the government provides guidelines, the registration records on distributed ledgers will have clear legal validity, effectively serving as a "language converter" between traditional financial infrastructure and digital asset protocol layers, allowing institutions to deploy related technologies with confidence within a compliant framework.