Liu Kaixuan: Currently, there are quasi-stablecoin operators in talks to establish themselves in Hong Kong. After the "Stablecoin Ordinance" takes effect next month, relevant companies will be established.

According to the Hong Kong Economic Journal, Director General of Investment Promotion at InvestHK, Ms. Lau Choi-wan, stated that there are currently quasi-stablecoin operators in discussions with its financial team regarding the opportunity to establish a presence in Hong Kong. It is expected that relevant companies will establish themselves in Hong Kong shortly after the Stablecoin Ordinance comes into effect next month. Ms. Lau Choi-wan stated that in the past two and a half years, 630 mainland companies have established a presence in Hong Kong, accounting for approximately 48%. As national policies support companies in going global, Hong Kong will become a springboard, and it is believed that mainland companies will continue to account for a significant proportion of companies establishing a presence in Hong Kong in the future. [ChainCatcher]