PANews reported on June 8 that according to China Times, Hong Kong Financial Services and Treasury Secretary Paul Hui said in response to a question from a member of parliament that the Hong Kong Securities and Futures Commission is considering introducing virtual asset derivatives trading for professional investors and will formulate robust risk management measures. According to analysts quoted by China Times, based on international experience, in the early stages of the policy, it is expected that the Hong Kong derivatives market will pilot perpetual contracts for mainstream virtual assets such as Bitcoin and Ethereum. From the perspective of international practice, many international institutions, including the Singapore Exchange (SGX), Coinbase and the U.S. Commodity Futures Trading Commission (CFTC), as well as the European MiFiDII regulatory framework, have prioritized perpetual contracts as an important direction for virtual asset derivatives.