Hong Kong's Secretary for Financial Services and the Treasury, Hui Cheng-yu, visited Lisbon, Portugal on Thursday. He said that relevant European officials and regulators are very interested in the regulatory system and effectiveness of Hong Kong's implementation of virtual assets. The two sides shared the challenges they face in terms of supervision and investor protection. October this year is the flagship month of Web3 in Hong Kong. They will be invited to attend Hong Kong Fintech Week and a series of other world-class events in Hong Kong to seize the opportunity for further exchanges with key fintech stakeholders at the international level to explore cooperation space, while demonstrating Hong Kong's strength and determination to embrace financial innovation.