According to reports from aastocks, Hong Kong Legislative Council member Li Weihong's proposal "Promoting High-Quality Development and Building a Financial Power" has been approved. Li Weihong suggested strengthening the development of the virtual asset sector to enhance Hong Kong's competitiveness in digital finance. He proposed allowing retail investors to participate in more types and currencies of virtual asset trading, and expediting the Securities and Futures Commission's approval process for relevant license upgrades. In addition, Li Weihong also proposed that the Hong Kong Monetary Authority strengthen cooperation with the People's Bank of China and address the difficulties faced by the virtual asset industry in opening accounts.