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ChinaAMC (HK), Standard Chartered and OSL Complete Hong Kong's First Investment Use Case Enabled by HKD Stablecoin HKDAP for Digital Fund Transactions

Sep 17, 2026
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Hong Kong, 18 September 2026 - China Asset Management (Hong Kong) Limited ("ChinaAMC (HK)") today announced the successful completion of an investment use case of its Digital Money Market Fund using a regulated Hong Kong Dollar stablecoin, HKDAP, issued by Anchorpoint Financial Limited (“Anchorpoint”), a Hong Konglicensed stablecoin issuer. The transaction represents one of the first use case in Hong Kong involving the use of a regulated HKD stablecoin for subscriptions for, and redemptions of, digital fund units. It demonstrates how regulated digital money can facilitate investor access to digital financial products through a compliant and controlled transaction framework.

In the completed use case, HKDAP was used through trading accounts on OSL HK, a licensed digital asset exchange under global stablecoin payment and trading platform of OSL Group to subscribe for, and redeem unit in ChinaAMC (HK)’s digital money market fund. OSL HK provided the regulated subscription, trading and settlement service for the transaction. Standard Chartered acted as token and fund unit custodian and tokenisation agent for the transaction.

Since its launch in 2025, the ChinaAMC digital money market fund series has expanded into a comprehensive multi-currency suite of digital money market funds covering the Hong Kong dollar, US dollar, and Renminbi. Total assets across the three funds have grown rapidly to over HKD 5.8 billion , with subscriptions available through multiple Hong Kong licensed virtual asset trading platforms (VATPs) and brokerage channels. Going forward, the funds will progressively move toward 24/7 trading, allowing investors to subscribe and redeem beyond traditional banking hours and during holidays. This development is intended to enhance flexibility and align seamlessly with the evolving wealth management needs associated with stablecoins, tokenised deposits, and other potential central bank digital currencies, fully reflecting the potential of blockchain technology in improving liquidity and settlement efficiency.

Anchorpoint, one of Hong Kong's first licensed stablecoin issuers, received its license from the Hong Kong Monetary Authority in April 2026. Following the implementation of Hong Kong's Stablecoins Ordinance, which established a comprehensive regulatory framework for fiat-backed stablecoins, the integration of HKDAP into ChinaAMC (HK)'s digital money market fund demonstrates how regulated stablecoin can interact with digital investment products within a trusted and compliant framework. As Hong Kong continues to develop a comprehensive digital asset ecosystem, use cases such as this help advance the practical adoption of digital finance and support the city's ambition to strengthen its position as a leading global hub for digital assets and financial innovation.

Tian Gan, CEO of ChinaAMC (HK) said: “Subscribing to a digital fund with a licensed HKD stablecoin is another breakthrough in ChinaAMC (HK)'s digital asset journey. It allows stablecoin holders to efficiently allocate their funds into a regulated, interest-bearing digital money market fund within a compliant framework — bringing 'stablecoin + digital asset' from the regulatory sandbox into genuine market application. This both echoes the Government's vision of using stablecoins to address real pain points in payments and capital markets, and lays the foundation for future 24×7 subscription and redemption with instant settlement. We will continue to deepen collaboration with our partners, drive the integration of traditional finance and blockchain technology, and support Hong Kong in building a globally significant hub for tokenised finance.”

Angela Osborne, Global Head, Investors, Standard Chartered, said: “This milestone demonstrates how collaboration across Standard Chartered and our ecosystem partners can help advance the development of Hong Kong’s digital asset market. By bringing together expertise spanning digital assets, custody, tokenisation and investment solutions, we are helping build the infrastructure that supports the next phase of growth for tokenised finance. As digital assets continue to transform financial markets, we remain committed to developing innovative solutions for our clients while supporting Hong Kong’s development as a leading international digital assets hub.”

Pierre Mengal, Interim Regional Head of Financing & Securities Services, Greater China & North Asia, Standard Chartered, said: “At Standard Chartered, we are committed to helping clients innovate across the investment lifecycle. Through our collaboration with China AMC (HK) and Anchorpoint, we have enabled one of the stablecoin-based subscription models for a public fund. This milestone demonstrates how securities services’ trusted financial infrastructure can bridge digital asset innovation and traditional fund servicing, integrating custody, trustee, fund administration and transfer agency capabilities to deliver a seamless investment experience and support adoption of digital assets at scale.”

Kevin Cui, Executive Director and Chief Executive Officer of OSL Group, said: “Tokenised funds represent a prime example of combining traditional finance with digital assets, serving as a natural use case for regulated stablecoins. Partnering with industry leaders like China Asset Management (Hong Kong) and Standard Chartered not only enhances HKDAP’s market recognition and engagement as a regulated HKD stablecoin, but also demonstrate OSL’s robust institutional-grade stablecoin infrastructure. Building on this milestone, we look forward to offering OSL’s clients a broader suite of premium stablecoin products and digital asset allocation options.”

Dominic Maffei, Chief Executive Officer and Co-Founder of Anchorpoint, said: “The next phase of digital finance will be defined by the convergence of regulated tokenised money and tokenised financial assets. This collaboration with ChinaAMC (HK) demonstrates how regulated HKD stablecoins can serve as a trusted settlement instrument within investment workflows. By enabling subscriptions and redemptions of digital money market fund units using HKDAP, we are helping connect digital cash with digital capital markets infrastructure in a practical and compliant manner. As both tokenised money and digital assets continue to mature, interoperability between the two will be essential to unlocking the full benefits of digital finance.”

*Source: ChinaAMC (Hong Kong) and Bloomberg. Data as of 16 June 2026.

About Anchorpoint

Anchorpoint Financial Limited is a subsidiary of Standard Chartered Bank (Hong Kong) Limited (SCBHK) and a joint venture established by SCBHK, HKT, and Animoca Brands in February 2025. With the vision of utilising tokenised money to rewire and supplement existing financial infrastructure for the betterment of the real economy, the initial goal is to build and advance the regulated HKD stablecoin “HKDAP” to serve as a secure tokenised medium of exchange for digital economy and to facilitate international payments and capital flows. It is one of the first entities granted with a stablecoin issuer licence (licence number FRS01) by the Hong Kong Monetary Authority under the Stablecoins Ordinance in April 2026.

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About China Asset Management (Hong Kong) Limited

Established in 2008, China Asset Management (Hong Kong) Limited ("ChinaAMC (HK)") is a leading Chinese asset manager in Hong Kong. The company is a wholly owned subsidiary of China Asset Management Co. Limited, one of the trusted asset managers and largest ETF provider in Mainland China with over USD 464.5 billion in assets under management as of December 31, 2025.

Rooted in Hong Kong with a global perspective, ChinaAMC (HK) has built a 17-year track record of excellence across both active and passive investments. The firm offers deep multi-asset expertise, providing a comprehensive suite of equities, fixed income, ETFs, leveraged and inverse products, and digital assets, along with segregated account management and advisory services.

As a frontier in Asia's digital asset space, ChinaAMC (HK) has introduced a number of pioneering products and built a comprehensive digital asset product line spanning virtual asset spot ETFs, digital money market funds, and digital gold ETF. As of June 2026, the scale of the company's digital products exceeded USD 800 million, among the largest in Asia. At the infrastructure level, ChinaAMC (HK) is among the first asset managers to participate in the Hong Kong Monetary Authority's Ensemble tokenization sandbox, the e-HKD+ , and the stablecoin pilot. It continues to work with regulators and industry peers to jointly build Hong Kong's digital asset ecosystem, in pursuit of its vision of "Beyond TradFi".

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About OSL Group

OSL Group (HKEX: 863) is a global stablecoin payment and trading platform that strives to provide compliant and efficient digital financial infrastructure services globally, empowering enterprises, financial institutions and individuals to seamlessly exchange, pay, trade, and settle between fiat and digital currencies. Grounded in the core values of Open, Secure, and Licensed, it is committed to building a more efficient ecosystem that connects global markets and enables instant, seamless and compliant value movement worldwide. For media inquiries, please contact: [email protected]

Investment involves risk, including possible loss of principal. Any forecasts, projections, or opinions contained herein are for reference only and are not guaranteed to occur. The information in this material reflects prevailing market conditions and our judgment as of the release date, which are subject to change without further notice. The material has been prepared and issued by China Asset Management (Hong Kong) Limited. This material has not been reviewed by the Securities and Futures Commission.

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