Hong Kong Investment Promotion Bureau's Leung Hon-king: The Hong Kong government sees asset tokenization as a multi-trillion dollar business opportunity.

According to BlockBeats news on June 12th, as reported by Jiemian News, on June 10th, Liang Hanjing, the director of finance, financial technology and fintech at the Hong Kong Investment Promotion Agency, said at the closed-door Web3 meeting of Jiemian News that from the perspective of the Hong Kong government, asset tokenization is a multi-trillion-dollar business opportunity, and blockchain trading platforms can accelerate the flow of traffic, reduce listing thresholds, and create a huge market. In response to mainland practitioners pointing out that there is still no clear policy on the extension of Web3 immigration talent, Liang Hanjing said: "This is not simply solved by issuing a visa. The highest point is still how to build an ecosystem, and supporting factors must also be considered. I am also communicating with some real estate developers, such as finding offices with cheaper rent." In addition, if Web3 industry talents form families, other life or educational needs will arise. "We are now also in contact with cooperation partners in private enterprises to provide better services for talent introduced to Hong Kong." In terms of introducing enterprises, Hong Kong also absorbs leading enterprises through the OASES policy for introducing key market enterprises. He revealed that relevant Web3 policies have been going through the legislative process in the Legislative Council, "which will take about a year." He has been frequently communicating with regulatory departments of major markets around the world since March, visiting San Francisco, London, Toronto, Tokyo, New York, etc. "The conclusion is that what Hong Kong is doing now, other markets are likely to do as well, and they have reached a consensus." For Hong Kong, the proposal to build a Web3 center or virtual asset center is not essentially about the securitization of virtual product assets, but about the future economic and social transformation of Hong Kong. Liang Hanjing mentioned that the four confirmed tracks cover financial technology (including virtual assets, Web3), biotechnology, artificial intelligence and big data, and high-end manufacturing, which does not mean that there are only four tracks, and there may be more in the future.