ChinaAMC Tokenized Fund Set for Hong Kong Exchange Debut

The ChinaAMC Hong Kong Dollar Digital Currency Fund (stock code: 3471) will commence trading on the Hong Kong Stock Exchange on November 28, 2025, marking a regional milestone.

This fund’s listing signifies a pivotal moment for tokenized financial products in Asia-Pacific, highlighting increased adoption of blockchain for retail investing without immediate cryptocurrency price impacts.

ChinaAMC’s Blockchain-Powered Fund Transforming APAC Finance

China Asset Management (Hong Kong) Limited is spearheading this initiative with the listing of its tokenized money market fund on the Hong Kong Stock Exchange. This fund, with the stock code 3471, signifies a pioneering move in APAC’s financial landscape. Tian Gan, CEO of ChinaAMC (HK), remarked:

The integration of Ethereum’s ERC-20 standard facilitates the fund’s operation, highlighting blockchain’s role in enhancing transparency and accessibility in financial markets. Currently, the fund’s Net Asset Value stands at approximately HKD 89,668,564 ($11.48M USD), with a token supply mirroring the units issued. This structure demonstrates the potential of blockchain in real market applications.

Tokenization is the cornerstone of our Web 3.0 strategy, and we aim to expand tokenized products into additional real assets, including real estate and private equity.

Ethereum’s Role and Expert Insights on Fund Launch

Did you know? The launch of APAC’s first retail tokenized money market fund illustrates increased institutional trust in Ethereum, following previous successful digital bond launches in Hong Kong from 2023 to 2024, strengthening the blockchain infrastructure.

According to CoinMarketCap, Ethereum (ETH) currently trades at $2,909.33 with a market cap of $351.14 billion. The 24-hour trading volume is $21.81 billion, reflecting a 1.00% increase over the last day. Ethereum’s market presence is significant, supporting its selection as the tokenization backbone.

Insights from the Coincu research team emphasize the absence of regulatory pushback, with manageable standard risks. Ethereum’s selection underscores its role in fostering financial innovations, setting precedents for future market offerings. Expert analysis suggests that as tokenization progresses, broader regulatory and financial landscapes may adapt, paving the way for comprehensive blockchain adoption.