Wu said that according to Ta Kung Pao, OSL Group CFO Hu Zhenbang said that the Hong Kong SAR government’s declaration on virtual assets in 2023 has indeed strengthened the confidence of the industry. There was a time when some virtual asset-related companies moved from Hong Kong to Singapore for development, but in the past year a large number of these companies have returned to Hong Kong, which shows that there is greater confidence in the future development of Hong Kong’s virtual asset market.
