Wu said that according to the Hong Kong Radio Network, when talking about virtual asset supervision, the Chief Executive Officer of the Hong Kong Securities and Futures Commission, Leung Fung-yee, said that the SFC will announce the latest progress on the licensing of virtual asset trading platforms before the end of the year. Leung Fung-yee did not specifically respond to whether there were any application platforms that failed to obtain licenses due to non-compliance, but revealed that the relevant report will summarize the problems commonly found in the application process. She emphasized that the SFC will continue to promote the standardization and transparency of the virtual asset industry on the premise of protecting the rights and interests of investors, so as to promote the healthy development of Hong Kong's virtual asset market.