Media OutReach
Hong Kong & Chinese Mainland Investors Signal Strong Interest in Tokenized Funds, According to Joint Study by Aptos Labs and BCG under HKMA’s Project e-HKD+
61% of retail investors in Hong Kong and Chinese Mainland are set to double their investment allocations to funds — driven by features unlocked through tokenization and digital money innovation.
HONG KONG SAR – Media OutReach Newswire – 28 October 2025 – Retail investors in Hong Kong and Chinese Mainland may double their asset allocation to funds, leveraging digital money and advanced features enabled by tokenization, according to new research commissioned by Aptos Labs, core contributor to the Aptos Layer-1 blockchain, and Boston Consulting Group (BCG). This follows a successful joint pilot with Hang Seng Bank conducted under Project e-HKD+.
With the rapid evolution of digital money and tokenization worldwide, the Hong Kong Monetary Authority (HKMA) renamed Project e-HKD as Project e-HKD+ in 2024 and commenced Phase 2 of the e-HKD Pilot Program (Phase 2), expanding its coverage from e-HKD only to a more comprehensive exploration of the digital money ecosystem in Hong Kong. Under Phase 2, Hang Seng Bank, Aptos Labs, and BCG collaborated on a joint pilot to explore new business features and investor use cases, which was followed by the Digital Money & Tokenized Assets Hong Kong Survey, conducted by Aptos Labs and BCG, to validate the commercial viability of these features.
Conducted between May and June 2025, the Digital Money & Tokenized Assets Hong Kong Survey engaged over 500 retail fund investors to assess their behavior, perceptions, and demand for tokenized fund products. The findings revealed strong investor interest and confirmed that these innovative features are not only feasible but also highly valued by retail investors.
Innovative Features Fuel Investor Appetite
The survey findings highlight strong momentum for tokenized funds, with 61% of retail investors in Hong Kong and the Chinese Mainland planning to double their allocations – driven by innovative features enabled by tokenization. In particular, Chinese Mainland respondents expressed a high demand for cross-border investment avenues. The results also signal a shifting investor landscape, where attributes such as liquidity, transparency, and faster access to capital are becoming increasingly valued alongside traditional performance metrics.
“The survey results underscore the scale of opportunity in tokenized funds and programmable digital money,” said Solomon Tesfaye, Chief Business Officer of Aptos Labs. “These technologies are transforming the investment landscape and investor expectations – unlocking efficiency, transparency, and new possibilities. Aptos Labs is honored to be part of Phase 2 of the e-HKD+ pilot program and the e-HKD Industry Forum in partnership with Hang Seng and BCG, contributing to building the infrastructure that helps bring these opportunities to life.”
David Chan, Managing Director and Partner at BCG, added, “Our global experience in digital money initiatives and business builds suggests that successful digital money adoption depends on delivering a clear value proposition for each client segment. Firms need a holistic operating model to orchestrate rapidly evolving technologies for effective value delivery. We hope our survey findings help guide healthy and responsible industry growth.”
Distinctive Needs and Opportunities Between Investor Groups
The survey has identified four distinct investor personas, each showing a strong willingness to increase fund allocations to tokenized products – provided the features align with their specific investment needs:
- Hong Kong Frequent Traders – A dynamic cohort of young to mid-aged investors focused on active trading for amplified returns. They anticipate increasing fund allocations from 10% to 26%, drawn to features like 24/7 trading access and greater allocation flexibility, which enable faster cycles and opportunities.
- Hong Kong Wealth Legacy Planners – Investors with significant assets under management, focusing on wealth transfer strategies and trust creation, are especially attracted to programmable fund structures that support tailored trust setups and transparent fund management. Their average allocation is expected to grow from 5% to 16%.
- Hong Kong Long-Term Investors – Discerning mid-aged investors who value security, transparency, and liquidity in their investment choices. They see strong utility in tokenized funds for instant capital redemption and using tokenized funds as collateral for short-term financing needs. Their planned allocation increase is from 8% to 25%.
- Chinese Mainland Investors – Affluent individuals seeking diversification beyond mainland markets into promising Hong Kong investment avenues. Their average allocation is set to rise from 11% to 24%, with tokenized funds offering a strategic route around capital controls. Programmability features allow flexible investment across Hong Kong fund products, utilization of profits locally, and seamless overseas transfers.
The survey revealed that tokenization unlocks a wide range of capabilities, with each investor persona valuing different features based on their unique investment goals. While programmability emerged as a universally appreciated benefit, preferences varied from wealth transfer solutions to global diversification strategies, highlighting how tokenization can flexibly meet diverse investor needs. This signals a strong opportunity for targeted adoption and product innovation.
Regulatory Tailwinds and Mature Technology Accelerate Digital Money Adoption
These insights align with Hong Kong’s growing momentum in digital asset development. Following the passage of the Stablecoins Bill by the Legislative Council, the city now hosts a formal licensing regime for fiat-referenced stablecoin (FRS) issuers.
As a member of the e-HKD Industry Forum and the Programmability Working Group established by HKMA, Aptos Labs works alongside leading financial institutions to address challenges in scaling the adoption of new digital money formats and shaping future institutional standards. The company also brings extensive global experience, supporting major stablecoin ecosystems with over US$60 billion in monthly transactions facilitated through the Aptos blockchain.
Together, these regulatory and institutional tailwinds provide a strong foundation for the investor demand reflected in the survey, signaling a market ready for large-scale adoption, redefined capital flows, and a new generation of financial infrastructure powered by blockchain technology.
Hashtag: #AptosLabs
The issuer is solely responsible for the content of this announcement.
About Aptos Labs
Aptos Labs is dedicated to creating network tooling and seamless usability for users of the Aptos network, a next-generation high-performance public Layer 1 blockchain. Aptos is backed by top-flight investors including a16z, Katie Haun, Apollo Global Management, Binance Labs, Dragonfly, PayPal Ventures, and Franklin Templeton Investments.
About Boston Consulting Group
Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we work closely with clients to embrace a transformational approach aimed at benefiting all stakeholders—empowering organizations to grow, build sustainable competitive advantage, and drive positive societal impact.
Our diverse, global teams bring deep industry and functional expertise and a range of perspectives that question the status quo and spark change. BCG delivers solutions through leading-edge management consulting, technology and design, and corporate and digital ventures. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, fueled by the goal of helping our clients thrive and enabling them to make the world a better place.
Media OutReach
XIXILI Reimagines Plus-Size Lingerie in Malaysia
When One Size Definitely Doesn’t Fit All
XIXILI’s Plus Size Collection flips the narrative that women need to settle for less-than-ideal sizes.
“For too many women, bra shopping has meant settling for sizes that almost fit or styles that prioritise function over fashion,” says XIXILI spokesperson Grace Tan. “Inclusivity is about recognising that every woman deserves access to beautiful, sexy, well-fitted lingerie. That shouldn’t be a problem they have to solve alone.”
To address the challenges of online fitting, XIXILI combines a detailed bra size chart with its pioneering ‘Try-On in 3D’ avatar tool. The feature allows women to generate a personalised digital twin based on specific measurements, enabling them to visualise the fit before purchasing.
Support Without Sacrifice: Plus Size Done Right
The Rufina Full Coverage Full Cup Bra sits at the heart of XIXILI’s Plus Size collection, designed for women who have been told they have to choose between support and style. The Rufina bra offers full coverage support with a contemporary silhouette that works under everything from work blouses to festive party dresses. Engineered specifically for fuller figures, it celebrates natural curves instead of trying to hide or minimise them. It’s the kind of foundation piece that lets you focus on your day, not your discomfort.
“We want every woman to feel supported, comfortable, and beautiful in whatever she’s wearing,” says Grace Tan. “Whether it’s for work, family gatherings, or special occasions, the right fit makes all the difference to daily comfort and confidence.”
Empowering Women With Knowledge, Not Just Options
XIXILI recognises that offering more sizes is only half the equation. Many women have spent years navigating limited options without proper guidance on finding their actual measurements.
The brand addresses this through interactive bra size charts, how-to-measure videos, and one-on-one personalised fittings at boutiques nationwide. By equipping women with the tools and knowledge to identify their true size, XIXILI transforms what can be a frustrating shopping experience into a more confident and informed process.
As Christmas shopping gets underway, the Plus Size Collection offers both a thoughtful gift for loved ones and an opportunity for self-care during the busy holiday season.
For more information and to discover the full range, visit XIXILI’s website.
Hashtag: #XIXILI
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The issuer is solely responsible for the content of this announcement.
XIXILI
A homegrown Malaysian brand, XIXILI offers beautiful fashion lingerie and shapewear in Malaysia that prioritises fit and comfort. With an extensive range of bra sizes from A to I and bands 65 to 110cm, XIXILI caters to women of all shapes and sizes. Expert fitters are dedicated to helping each customer find the perfect bra, boosting confidence and enhancing silhouettes.
XIXILI became the first Malaysian lingerie brand to introduce a Try-On in 3D avatar tool, allowing customers to virtually try on XIXILI lingerie using a 3D avatar tailored to their specific body type and measurements. Whether for everyday wear or something special, XIXILI ensures women always look and feel amazing.
Media OutReach
Essential Document Checklist for SIM Applications
Preparation Is Key
SIM reviews thousands of applications each year, and incomplete submissions remain one of the primary causes of processing delays. Early preparation of all required documents is essential to ensure a seamless application experience and allow applicants to remain focused on their academic objectives. As stipulated in SIM’s Application Process Guide, all supporting documents must be uploaded at the point of application and submissions lacking these documents will not be processed.
The Core Documents Every Applicant Needs
Prior to applying to the Singapore Institute of Management (SIM), applicants should ensure that all required documents are prepared to prevent processing delays. Scanned copies of academic certificates and transcripts, such as GCE ‘O’ and ‘A’ Levels, diplomas or degrees must be provided, along with certified translations and notarisation for documents not in English.
Proof of English language proficiency, such as IELTS or TOEFL results, is mandatory for applicants whose previous education was not conducted in English. Identification documents are also required, including the NRIC for local applicants and a valid passport for international applicants, accompanied by a recent passport-sized photograph that complies with SIM’s specifications.
International applicants must additionally prepare documentation for the Student’s Pass application, which includes the passport bio-data page, birth certificate, evidence of financial capability, and, where applicable, parent or guardian identification documents.
Quick Tips to Avoid Delays
Submitting an application to the SIM can be a straightforward process with proper preparation. Ensure that all documents are uploaded in the correct format, with PDF being the standard for certificates and transcripts. For documents not in English, certified translations must be provided to prevent rejection or requests for re-submission.
Applicants should also adhere to SIM’s photo specifications by submitting a recent passport-sized photograph that meets official guidelines. International students must pay particular attention to financial documentation, as proof of financial capability is a key requirement for the Student’s Pass application. Bank statements and supporting documents should be prepared in advance to comply with Immigration & Checkpoints Authority (ICA) requirements. Following these steps will help avoid unnecessary delays and ensure a smooth application process.
Application Essentials
Prospective students are advised to submit a complete and accurate application to ensure smooth processing. Detailed instructions and programme-specific requirements can be found on SIM’s official application portal. Applications that are incomplete or contain inaccuracies will not be considered. To avoid delays, applicants should make use of the provided checklist and guidelines to confirm compliance before submission.
References:
- SIM Application Process – https://www.sim.edu.sg/degrees-diplomas/admissions/application-process
Hashtag: #SIMGlobalEducation #SIMGE
The issuer is solely responsible for the content of this announcement.
About SIM Global Education
SIM Global Education (SIM GE) is a leading private education institution in Singapore and the region. We offer more than 140 academic programmes ranging from diplomas and graduate diploma programmes to bachelor’s and master’s degree programmes with some of the world’s most reputable universities from Australia, Canada, Europe, United Kingdom, and the United States. SIM GE’s cohort is made up of 16,000 full- and part-time students and adult learners, of which approximately 36% are international students hailing from over 50 countries.
SIM GE’s holistic learning approach and culturally diverse learning environment aim to equip students with knowledge, industry skills and employability competencies, as well as a global perspective to succeed as future leaders in a fast-changing, technologically driven world.
For more information on SIM Global Education, visit sim.edu.sg
Media OutReach
Vinfuture 2025 Honors Four Groundbreaking Scientific Achievements Under The Theme “Rising And Thriving”
The 2025 VinFuture Prize Award Ceremony was broadcast live on VTV1, the national television channel of Vietnam. The event was attended by Mr. Tran Thanh Man, Politburo member and Chairman of the National Assembly, along with leaders of central ministries and agencies, representatives of embassies and international organisations, and distinguished scientists from around the world.
The VinFuture Prize 2025 received 1,705 nominations from scientists, research institutions, and technology enterprises worldwide, representing an almost threefold increase relative to the inaugural year. These submissions highlight impactful cross-border research efforts focused on protecting public health, advancing next-generation intelligent materials, addressing climate change, accelerating novel energy solutions, and strengthening global food security frameworks.
The 2025 VinFuture Grand Prize valued at US$3 million is awarded to Dr. Douglas R. Lowy, Dr. John T. Schiller, Dr. Aimée R. Kreimer and Prof. Maura L. Gillison (USA) for discoveries and development of HPV vaccines for prevention of tumors caused by human papillomaviruses.
Foundational studies on HPV capsid proteins by Drs. Douglas Lowy and John Schiller led to the development of highly effective HPV vaccines, preventing millions of cervical cancer cases, especially in developing countries. Furthermore, the single-dose vaccination regimen developed by Dr. Aimée Kreimer – now recommended by the World Health Organization (WHO) – has significantly expanded vaccine access for populations worldwide.
In parallel, laboratory and epidemiological studies by Prof. Maura Gillison and Dr. Aimée Kreimer established the link between HPV and head-and-neck cancers, which represent an emerging cancer threat expected to be mitigated by HPV vaccination efforts. The achievements of Dr. Douglas Lowy, Dr. John Schiller, Dr. Aimée Kreimer, and Prof. Maura Gillison have already saved millions of lives and will keep lowering the global cancer burden for decades to come.
In addition to the Grand Prize, the 2025 VinFuture Prizes will also present three Special Prizes, each valued at US$500,000, recognizing Innovators from Developing Countries, Women Innovators, and Innovators with Outstanding Achievements in Emerging Fields.
The 2025 VinFuture Special Prize for Innovators from Developing Countries is awarded to Prof. María Esperanza Martínez-Romero (Mexico) for advances in microbial ecology and symbiotic nitrogen fixation in the tropics. Prof. Martínez-Romero has discovered and described numerous new Rhizobium species, significantly expanding scientific understanding of microbial taxonomy and plant-microbe interactions in agriculture. Her work has opened new directions in the study of bacterial-plant symbiosis, with profound implications for sustainable agriculture in resource-limited settings.
The 2025 VinFuture Special Prize for Women Innovators is awarded to Prof. Mary-Claire King (USA) for identification of the breast and ovarian cancer susceptibility gene BRCA1, laying the foundation for genetic testing, screening programs, and personalized treatment. Her landmark identification of the BRCA1 locus on chromosome 17q21 in 1990, before the human genome was sequenced, is considered a historic milestone, demonstrating the genetic basis of cancer risk and transforming prevention and treatment strategies worldwide.
The 2025 VinFuture Special Prize for Innovators with Outstanding Achievements in Emerging Fields has honored Prof. Venkatesan Sundaresan (USA), Prof. Raphaël Mercier (Germany), Dr. Emmanuel Guiderdoni (France), Dr. Imtiyaz Khanday (USA) and Dr. Delphine Mieulet (France) for innovations in the development of clonal hybrid crops. Hybrid seed production for rice, the staple food for more than half of humankind, is a laborious and costly procedure resulting in a high seed cost. The team’s work has enabled rice plants to produce seeds that retain all the superior traits of the parent plant through self-pollination, grounded in new insights into developmental biology and genetics. This groundbreaking research improves yields, reduces seed production costs, and advances sustainable global food security.
Sharing his reflections on this year’s honored works, Prof. Sir. Richard Friend, Chair of the VinFuture Prize Council, stated: “The 2025 VinFuture Prize Laureates have made big advances in science that have brought direct benefits to human health and to global sustainable food crop production. From new vaccines and new understanding of genetic susceptibility to disease to new approaches for plant breeding and new protocols for healthy crop growth, these achievements exemplify the power of science driven by compassion and cross-border collaboration – showing that when knowledge serves humanity, it not only deepens our understanding of the world but also strengthens and sustains the very foundations of life itself.”
After five consecutive and widely acclaimed award cycles, the VinFuture Prize has been securing recognition among the world’s most prestigious science and technology awards, receiving 6,132 nominations from nearly 110 countries and territories across five continents, and honoring 48 outstanding laureates. The awarded innovations—spanning clean energy, artificial intelligence, biomedical technologies, and transformative advances in agriculture—are elevating quality of life, strengthening human well-being, and shaping strategic pathways for the future of humanity.
The VinFuture Prize Ceremony and VinFuture Sci-Tech Week have evolved into an established global platform for scientific exchange, bringing together scientists, policymakers, and business leaders to advance collaborations toward a sustainable, humane, and prosperous future.
Notably, after five award seasons driven by persistent efforts to connect global scientific excellence with the Vietnamese research community, the VinFuture Foundation and the VinFuture Prize have not only fostered new opportunities and momentum for national science, but have also strengthened Vietnam’s standing as a trusted destination for the world’s scientific community—where innovation is widely shared and amplified for the collective prosperity of humankind.
Hashtag: #Vinfuture
The issuer is solely responsible for the content of this announcement.
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