Head of the Fintech Department of Invest HK: Hong Kong has three attractions for global Web3 companies

At the "HK Web3 Evolution" event co-organized by Neo, Hong Kong Cyberport, Web3Labs and Invest Hong Kong, King Leung, head of the financial services and financial technology department of Invest HK, said that in the business world, we often hear VCs talking about When it comes to market size - "What is the use case and is the scale of this use case large enough?" Another very important point is how long it will take to reach this scale. Many emerging industries are too advanced, and innovative finance is one of them, not only for Hong Kong, but also for the whole world. For example, Hong Kong has been promoting green finance for several years, and there are still many projects that are promoting electronic, paperless, and zero-carbon emissions processes. Specific to the Crypto industry, cryptocurrency-related activities in the mainland are prohibited by regulations. Hong Kong seems to have more friendly policies, similar distance and culture, and good food, so some project developers have moved some teams to Hong Kong. Here, I would like to explain three advantages of Hong Kong: 1. It has an attractive visa policy; 2. Hong Kong has 5 of the world’s top 100 universities, and entrepreneurs can provide practical jobs for outstanding talents to ensure their talents. Be fully developed; 3. Hong Kong’s economy is open. King Leung finally appealed: "If you want to build an industry with smart people, welcome to Hong Kong. I also hope everyone will pay attention to the Lower Loop Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone." Odaily Planet Daily Note: The Loop Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone is located in the southern part of Futian District, Shenzhen at the border with Hong Kong. It is a key project in the construction of the Guangdong-Hong Kong-Macao Greater Bay Area.