The latest survey by the Private Wealth Management Association (PWMA) in Hong Kong shows that most private wealth management firms are taking a wait-and-see approach to virtual assets. However, with the rapid increase in cryptocurrency trading volumes in Hong Kong and the gradual improvement of regulatory systems, the market environment is quietly changing. 📈

Interestingly, about one-third of wealth management institutions expect that in the next five years, their allocation ratio to virtual assets will reach 6-10%. This indicates that although the current attitude is cautious, interest and confidence in virtual assets are gradually increasing. 🔍

Overall, Hong Kong's crypto market is at a critical turning point, and its future development is worth watching. 🌐