Hong Kong will relax regulations to enhance liquidity in virtual asset trading, supporting the city’s ambition to become a leading fintech and digital asset hub, officials announced Monday.

Julia Leung, CEO of the Securities and Futures Commission (SFC), said the rules will allow locally licensed virtual asset trading platforms (VATPs) to share global order books with overseas affiliates, a move aimed at improving market efficiency. She made the announcement at the Hong Kong Fintech Week conference.