#代币化资产趋势 The trend of this tokenized asset seems to be getting hotter and hotter. Hong Kong is going to issue digital bonds again, this is the third time. The success of the previous two times seems to have given them a taste of sweetness. But we still have to stay clear-headed and not be dazzled by these flashy things. Tokenization sounds very impressive, but essentially it is still a bond, and the risks will not be any less. I have experienced too many lessons from being misled by new concepts, so now I think a few steps ahead when I see these things. Everyone should also remember, no matter how it is packaged, the essence of investment will not change; risk assessment and asset allocation are key. Don't be fooled by these tricks of old wine in new bottles.