Wu said that according to the Sing Tao Daily, CMB Wing Lung Bank announced the launch of virtual asset ETF trading services in the Hong Kong stock market, becoming the first Chinese bank in Hong Kong to provide virtual asset ETF trading services. Lin Shufen, assistant general manager of CMB Wing Lung Bank, said that the Hong Kong government is actively promoting the development of virtual assets in Hong Kong. The location characteristics of mainland China and the Greater Bay Area will bring new opportunities for the development of virtual assets in Hong Kong and local banks.