On February 25th, Hong Kong Financial Secretary Paul Chan summarized the following points:

First, the licensing system for stablecoins has been implemented, and the first batch of licensed issuers will emerge next month, so you can buy stablecoins with a bit more confidence in the future.
Second, the government is actively promoting the onboarding of bonds onto the blockchain, which could make bond trading as convenient as stock trading in the future.
Third, Hong Kong is aiming to vigorously develop financial technology under the premise of compliance.