Hong kong: Minister of State, Bilal Bin Saqib holds high-level meetings during his visit to Hong Kong, on advancing financial technology cooperation and technology investment.

Minister of State and Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA), Bilal Bin Saqib, held a series of high-level meetings in Hong Kong aimed at strengthening cooperation in digital finance, tokenised capital markets, regulatory innovation and frontier technologies.

During the visit, Saqib met Arthur Yuen, Deputy Chief Executive of the Hong Kong Monetary Authority; Christopher Hui, Secretary for Financial Services and the Treasury of the Hong Kong SAR Government; and Duncan Chiu, Member of the Legislative Council representing the Technology and Innovation functional constituency.

The meetings focused on Hong Kong's experience in developing modern financial-market infrastructure and creating a regulated environment for digital assets and tokenised financial products.

Discussions with the Hong Kong Monetary Authority included developments in financial regulation, tokenised capital markets, digital bonds, settlement infrastructure and technology-enabled supervision.

Pakistan is particularly interested in learning from Hong Kong's experience as it explores how tokenisation could support the future development of government securities, sukuk and other real-world financial assets.

The meeting with the Financial Services and the Treasury Bureau explored opportunities for closer institutional cooperation, knowledge exchange and engagement between Hong Kong financial institutions and emerging opportunities in Pakistan.