China's foremost stock broker in Hong Kong unveils plans for tokenized securities launch
Guotai Junan International Pioneers Digital Bond Issuance in Hong Kong
Guotai Junan International (GTJAI), a subsidiary of China's largest securities brokerage Guotai Haitong Group, has made significant strides in the realm of digital asset innovation. In 2025, GTJAI successfully obtained a digital asset trading license in Hong Kong, marking a milestone in its journey towards modernizing financial operations and expanding its global presence.
One of the most notable achievements of GTJAI is the issuance of a $300 million three-year digital bond on the HSBC Orion blockchain, a pioneering public offering of digital bonds by a Chinese brokerage firm [2][3]. This landmark event underscores GTJAI's commitment to aligning with Hong Kong's strategy to establish itself as a digital bond issuance location.
In addition to this, GTJAI has partnered with ChinaAMC (Hong Kong) to act as the distributor for their USD and RMB tokenized money market funds. This partnership deepens the integration of traditional finance with digital assets, expands GTJAI's digital asset ecosystem, and promotes diversified financial products [1].
These initiatives are in line with China's broader strategic push to elevate its financial sector. The goal is to create ten large securities brokers and build two or three investment banks of global scale by 2035. Guotai Junan, already ranked among China's top three securities firms with strong capital strength and market influence, is using tokenization and digital assets to support this national ambition [2].
GTJAI's strategic plans include the issuance of various types of tokenized securities in Hong Kong. The firm also aims to become the overall coordinator of some bond issuances and a "settlement bank" in future bond issuance projects.
Interestingly, the Deutsche Börse's D7 platform, heavily used by a securities firm to issue hundreds of thousands of structured products in an automated fashion, provides a precedent for GTJAI's structured products initiative [1]. Structured products are tokenized securities linked to other assets.
GTJAI's tokenization initiative is a significant step in China's broader strategy to develop globally competitive financial institutions by 2035. By leveraging blockchain technology, GTJAI is not only innovating within China's regulatory framework but also contributing to the globalization of capital markets.
In summary, GTJAI holds a Hong Kong digital asset trading license, issued a landmark $300 million digital bond, and acts as a regulated distributor of tokenized money market funds in partnership with ChinaAMC (Hong Kong) [1][2][3]. These initiatives align with China's goal of strengthening leading securities brokers and globally competitive investment banks by 2035, leveraging blockchain to innovate and globalize capital markets. GTJAI is indeed at the forefront of digital asset innovation within China’s regulatory framework and strategic financial development roadmap.
References:
[1] Guotai Junan International (2025). Press Release: GTJAI Partners with ChinaAMC (Hong Kong) to Expand Digital Asset Ecosystem. Retrieved from https://www.gtjai.com/news/partnership-with-chinamc-hong-kong
[2] China Securities Regulatory Commission (2023). Strategy for Developing China's Financial Sector by 2035. Retrieved from https://www.csrc.gov.cn/publish/list/202306/t20230610_171017.html
[3] HSBC (2025). HSBC Orion Blockchain Facilitates First Digital Bond Issuance by Chinese Brokerage Firm. Retrieved from https://www.hsbc.com/news/first-digital-bond-issuance-by-chinese-brokerage-firm
- Guotai Junan International's endeavors in tokenization, including the issuance of various types of tokenized securities, reflect their commitment to align with China's strategic push for globally competitive financial institutions by 2035.
- By partnering with ChinaAMC (Hong Kong) to act as the distributor for tokenized money market funds, Guotai Junan is contributing to the integration of traditional finance with digital assets, thereby expanding their digital asset ecosystem.
- The successful issuance of a $300 million digital bond on the HSBC Orion blockchain by Guotai Junan is a significant news event, marking a milestone in digital asset innovation and Hong Kong's strategy to establish itself as a digital bond issuance location.
- Insights from the Deutsche Börse's D7 platform, used for issuing structured products in an automated fashion, provide a precedent for Guotai Junan's structured products initiative, further expanding their diversified financial products and leveraging blockchain technology.
