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Just like the eight-year war of resistance against Japan, Hong Kong's investment immigration program has been suspended for nearly eight years. After relaunching the investment immigration program, it is considering listing virtual assets such as Bitcoin on licensed virtual asset trading platforms as acceptable investment projects. This measure aims to expand the asset scope of investment immigrants to attract more high-net-worth individuals to settle in Hong Kong. Although there have been calls for real estate investment to be included in the qualifications, the government has so far remained neutral and emphasized that real estate investment is not included. The move is expected to enhance Hong Kong's competitiveness in the global wealth management field, while attracting the attention of more family offices and asset managers. The editor believes that excluding real estate and accepting Bitcoin highlights the region's advanced stance on cryptocurrency, but it also vaguely allows smart people to smell the change in the "leadership" stance.

U.S. consumers' one-year expected inflation rate in November recorded 4.4%, the highest level since April 2023, exceeding expectations of 4% and the previous value of 4.2%; expectations for the 5-10 inflation rate increased from October's 3% rose to 3.2%, the highest level since 2011. Inflation still has a certain recurrence, which is expected, but monetary policy will definitely be relaxed next year. As for whether a soft landing can be achieved, it depends on people and God.

$BTC