Underestimating KYC Resistance: What China's Informal RWA Pause Request to Hong Kong Brokerages Reveals

https://storyconsole.westword.com/sc/on-the-operational-turn-in-late-2025/

Reports that Chinese authorities made an informal request for Hong Kong brokerages to pause distribution of real-world asset (RWA) products to mainland clients has prompted attention across financial markets