CryptoWorld News reports that, according to Hong Kong Commercial Daily, in response to the increasingly heated topic of "Middle Eastern funds flowing into Hong Kong," Deputy Director of the Financial Services and the Treasury Bureau of the Hong Kong SAR Government, Chen Haolian, stated that there are indeed more clients inquiring about how to transfer funds to Hong Kong or open accounts there. He also mentioned that Hong Kong and the Middle East have a two-way exchange. He revealed that a licensed virtual insurance company in Hong Kong has expanded its business into Saudi Arabia and the United Arab Emirates. Tokenized funds from Hong Kong have been launched on Middle Eastern wealth management platforms. Additionally, Asian funds can purchase Islamic bonds ETFs in Hong Kong, providing Middle Eastern investors with a familiar and trustworthy market.

Chen Haolian emphasized that the Hong Kong government will actively develop financial technology and digital assets. Currently, legislation proposals are being drafted regarding licensing systems for digital asset trading and custody services, aiming to establish a comprehensive regulatory framework to develop Hong Kong into a global center for digital asset innovation.