Xiao Feng, chairman of Wanxiang Blockchain and HashKey Group, expressed his hope that the upcoming second virtual asset policy statement from Hong Kong will align with that of the United States rather than implementing stricter industry regulations. He pointed out that the industry does not expect rules to be more lenient than those in the U.S., but rather just wishes to be on par with them. He cited Alibaba's decision to list in the United States due to Hong Kong's stricter regulations compared to the New York Stock Exchange, and called for avoiding similar pitfalls in the virtual asset market.

PANews reported on February 26 that Xiao Feng, chairman of Wanxiang Blockchain and HashKey Group, said when talking about Hong Kong’s upcoming second virtual asset policy declaration that his biggest hope is not to implement higher and stricter industry rules than the United States.
 He pointed out that the industry does not expect the rules to be looser than those in the United States, but only hopes to be on par with the United States. He cited the example of Alibaba choosing to go public in the United States because Hong Kong rules were stricter than those of the New York Stock Exchange, and called for a similar situation not to be repeated in the virtual asset market.
 Earlier news said that Hong Kong will issue its second virtual asset policy declaration .

Xiao Feng: Hope that Hong Kong's virtual asset policies align with those of the United States