English
Back
Open Account
How to view the post-holiday market trend in Hong Kong stocks?
阿尔法工场
joined discussion ·

Texon Properties' RWA Strategic Layout: Compliance First, Confidence Doubled

Policy Tailwind: CSRC's 2026 'First Document' Ushers in a New Era of Compliance
On the evening of February 6, the China Securities Regulatory Commission (CSRC) issued the 'Regulatory Guidance on the Issuance of Asset-Backed Security Tokens for Domestic Assets Overseas,' establishing a dual-track regulatory framework of 'strict domestic control and strict overseas issuance' for the RWA (Real World Asset Tokenization) industry. This guidance, known as the 'first document' of the 2026 fintech sector, marks the official end of unregulated growth for RWA and its entry into a new era of compliance competition.
Texon Properties' Firm Determination: Unwavering Focus on RWA Development
In response to changes in the policy environment, Dexiang Properties has demonstrated unwavering determination to develop its RWA business. The company's management has repeatedly emphasized in public that RWA is the core strategic direction of Dexiang Properties' digital transformation, and the company will continue to increase its investment in this area.
Texon Properties’ commitment to developing RWA is reflected in three key aspects:
1. Strategic resilienceDuring a period of significant policy uncertainty, Dexiang Properties has remained committed to advancing RWA projects, showcasing deep insights into industry prospects and long-term confidence.
2. Resource integrationBy bringing in heavyweight partners such as Dr. Wu Jie Zhuang, a legislative council member, a robust compliance support system has been established.
3. ecosystem positioningNot only has the company developed its own RWA business, but it has also deeply participated in the entire RWA ecosystem through investments in companies like Zhongmiao Holdings.
Compliance First: Building the Trust Foundation for RWA
Under the new regulatory framework of the "registration system", the core competitiveness of the RWA business has shifted from pure technological innovation to a composite capability of "compliance + risk control". Through its unique partnership model, Dexiang Properties has successfully built a leading trust foundation within the industry.
Introducing the Regulatory "Translator": The Value of Dr. Wu Jiezhuang
During this critical period of policy changes, Dexiang Properties brought in Dr. Wu Jiezhuang, a Legislative Council member and leading figure in the Web3 space, marking a move with profound strategic significance. Dr. Wu is not only a key driver of Hong Kong's Web3 development but also serves as a "translator" bridging traditional regulation with innovative technology.
His involvement provides dual assurance for Dexiang Properties' RWA projects:
Deeply understanding regulatory red lines to ensure business compliance.
Possessing channels and capabilities for effective communication with regulatory authorities
This advantage of "understanding both the industry and regulation" has given Dexiang Properties’ RWA business an authoritative "compliance certification," significantly reducing policy risks.
Risk Hedging: The 'Bulletproof Vest' Effect of Zhongmiao Technology
Robust Support from Digital Risk Control
After addressing the trust issues related to 'people,' Dexiang Properties, through its collaboration with Zhongmiao Holdings, has built a comprehensive security system for 'money.' What Zhongmiao Holdings provides is not just traditional insurance products but a dynamic risk control model based on AI technology.
This system can configure customized risk mitigation solutions for each tokenized asset unit, effectively addressing:
Smart contract vulnerability risks
On-chain asset security risks
Underlying asset cash flow risks
An innovative 'physical assets + digital protection' model
$ITC PROPERTIES (00199.HK)$and$ZHONGMIAO (01471.HK)$ jointly explore the 'physical asset supply + digital financial protection' model, offering a novel solution for the RWA industry. This model transforms high-risk digital assets into stable investments with a safety net, significantly increasing international capital participation.
Zhongmiao Holdings' stock price soared, demonstrating market confidence
Under favorable policy conditions and following last week's announcement of an RWA strategic cooperation agreement with Dexiang Properties, Zhongmiao Holdings' stock price experienced explosive growth today. This strong performance fully reflects investors' high expectations for the application prospects of insurtech in the RWA sector.
Market analysis indicates that the core driver behind Zhongmiao Holdings' significant stock price increase lies in its unique business model and pivotal position within the RWA ecosystem. As an important partner of Dexiang Properties, Zhongmiao Holdings provides digital risk management solutions that precisely meet the stringent compliance and risk control requirements imposed by new regulations on RWA projects.
Notably, according to publicly disclosed information, Texhong Property holds a certain percentage of shares in Zhongmiao HoldingsThis equity investment relationship means that the significant rise in Zhongmiao Holdings' stock price not only directly boosts Texhong Property's investment returns but will also create a substantial positive impact on Texhong Property’s stock price through the equity value revaluation effect.
Dexiang's 'Iron Triangle' Strategy: Building a Complete Ecosystem Loop
Through a series of precise strategic deployments, Dexiang Properties has successfully established a complete ecosystem loop encompassing 'assets-compliance-risk control':
Asset sideTexhong Property's high-quality real estate resources provide a genuine value anchor for RWAs
Compliance aspectDr. Wu Jie Zhuang’s deep involvement ensures the project aligns closely with regulatory requirements
Risk control aspectZhongmiao Holdings’ insurtech provides multiple layers of security for asset safety
Market Prospects and Investment Value
With the official implementation of the CSRC's new regulations, the RWA industry is set to undergo another round of reshuffling. Projects lacking a compliance foundation and risk control capabilities will be gradually phased out, while 'official players' like Dexiang Properties, which possess a complete ecosystem layout, will encounter unprecedented development opportunities.
Investment highlights of Dexiang Properties:
Holding Zhongmiao Holdings shares benefits directly from the valuation increase in the insurtech sector
RWA operations align with regulatory guidance, with significantly lower policy risks compared to peers
The 'Iron Triangle' ecosystem creates a competitive advantage that is difficult to replicate
Management demonstrates unwavering determination for growth, with strong strategic execution capabilities
Conclusion
Dexiang Properties’ strategic layout in the RWA field showcases forward-looking business insights and robust resource integration capabilities. By bringing in heavyweight partners, establishing a comprehensive risk management system, and demonstrating firm development resolve, Dexiang Properties is well-prepared to lead the RWA track in the new era of compliance.
As policy benefits are gradually released and market confidence continues to strengthen, Dexiang Properties and its partner Zhongmiao Holdings are poised to become key drivers in promoting large-scale development of China's RWA sector. For investors, Dexiang Properties not only offers an opportunity to directly participate in the RWA industry’s growth but also, through its ecosystem strategy, provides multiple value-added points for investment portfolios.
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty.Read more
123K Views
Report
Comments
Write a Comment...
1