Hong Kong's Deputy Secretary for Financial Services and the Treasury, Chen Haolian, said that as an international financial center, Hong Kong has strong Web3 development potential and a sound regulatory system, and key technologies such as global blockchain ecosystem evolution and decentralized oracle network have great potential to promote the transformation of decentralized finance and digital economy. Therefore, it is hoped that Asia, especially Hong Kong, will gain a deeper understanding of these developments and explore how to apply its technology to the local fintech and Web3 innovation wave.