Liang Fengyi Seeks Change Amidst Risks: How Can the Digital Asset Industry Innovate and Advance?
On December 3, 2025, Ms. Leung Fung-yee, CEO of Hong Kong's SFC, spoke at the ASEAN Plus Three Forum, addressing financial market changes, risks, and strategies. Her speech outlined regulatory approaches for digital assets amid global digital and geopolitical shifts, setting a roadmap for financial regulation in Hong Kong and Asia.
Author: Zhang Feng
On December 3, 2025, Ms. Leung Fung-yee, Chief Executive Officer of the Hong Kong Securities and Futures Commission (SFC), delivered a keynote speech at the 4th ASEAN Plus Three Economic Cooperation and Financial Stability Forum. Her speech, centered on "Reconstructing Finance - Regulation Seeking Progress Amidst Risks in a Changing Era," systematically elaborated on the profound changes currently facing the financial market, the accompanying risks, and the corresponding strategies that regulatory agencies and market participants should adopt.
Against the backdrop of the global digital wave, the restructuring of the geopolitical landscape, and the empowerment of finance by technology, her speech not only set the tone for financial regulation in Hong Kong and even Asia, but also provided a clear roadmap for the standardized development of emerging fields such as digital assets.
In the context of the digital wave sweeping the globe, the reshaping of the geopolitical landscape, and the empowerment of finance by technology, her speech not only set the tone for financial regulation in Hong Kong and even Asia, but also provided a clear roadmap for the standardized development of emerging fields such as digital assets.
