According to Foresight News, Hong Kong legislator Qiu Dageng has submitted a 'Three Arrows, Three Circles' economic and technological development policy initiative, proposing several recommendations. These include the establishment of a 5 billion yuan 'Angel Mother Fund' by Hong Kong Investment Management Limited to stimulate investment in the technology and innovation industry, the introduction of a 'Fixed Investment Introduction Plan' to attract potential growth-stage technology companies, and the establishment of a 'Secondary Market Matching Fund' to revitalize the secondary capital market. Other suggestions include the cancellation or reduction of stock stamp duty, the issuance of tokens to support the development of new field technology cities, the acceleration of the introduction of retail-level digital Hong Kong dollars, the launch of a 'Hong Kong Dollar Stablecoin' sandbox, and the provision of policy incentives to encourage private institutions to issue compliant Hong Kong dollar stablecoins. The initiative aims to leverage market forces to accelerate Hong Kong's economic recovery and create new momentum for the city through the comprehensive promotion of digital economy and Web3 development.