Chinese Leading Chinese Enterprises Are Pioneering the Global RWA Revolution – Hong Kong Takes Center Stage

Key Takeaways:

• Towngas tokenized a HK$100 million “Ming Qi Tong” credit facility to fund AI data centers, AIoT, and cross-border infrastructure
• China Resources Longdation (under China Resources Group) is developing RWA products backed by revenue from EV charging stations across Hong Kong
• COSCO Shipping Technology’s “Shipping Chain” platform has onboarded 200+ enterprises and processed over 10,000 digital bills of lading

Large enterprises in Mainland China and HK are leading the world in real-world asset tokenization — and they are doing it in Hong Kong.

Towngas has tokenized a HK$100 million credit line under its “Ming Qi Tong (名气通)” facility. By putting key loan and operational data on-chain, Towngas achieves real-time transparency and lays a solid foundation for future asset tokenization in the public utility sector.

CR Longdation is focusing on green energy. After joining the HKMA’s Project Ensemble sandbox, the company is building an RWA framework backed by future revenue from EV charging stations across the city, allowing token holders to participate in the growth of Hong Kong’s sustainable infrastructure.

Meanwhile, COSCO Shipping Technology’s “Shipping Chain” blockchain platform is already in full operation. With more than 200 supply-chain companies connected and over 10,000 shipping orders processed, the digitization of bills of lading and manifests is creating the critical first step toward tokenizing shipping capacity and freight revenue rights.

At EX.IO, we closely monitor every major institutional-grade RWA breakthrough and remain at the forefront of this fast-evolving space, ready to serve our users as the ecosystem continues to mature.

The global RWA era is being shaped in Hong Kong right now – and the city’s traditional large enterprises are writing the opening chapter.

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