This article examines the rapid growth of Real-World Asset (RWA) tokenisation in Asia, focusing on Hong Kong as an emerging regional hub. It analyses three sectoral case studies in renewable energy, real estate, and financial instruments to illustrate the practical applications, market implications, and regulatory challenges of RWA projects. As of September 2025, the global RWA market reached an estimated value of $30.91 billion and is projected to grow into a trillion-dollar market within the next decade. The article highlights Asia’s proactive regulatory initiatives aimed at developing clear tokenisation standards and promoting the sustainable and responsible growth of the virtual asset sector. Supported by regulatory sandboxes and institutional participation in leading financial centres such as Hong Kong and Singapore, the region has become a focal point of innovation in asset tokenisation. Following the introduction, Section 2 reviews the latest developments in RWA as a fast-emerging area of financial and legal practice. Section 3 presents three case studies, while Section 4 provides practical guidance for asset owners and investors. Section 5 discusses key regulatory models and the overseas expansion of Chinese enterprises through digital assets tokenisation, and Section 6 concludes with implications for regulators, investors, and policymakers.