On June 22, the Financial Secretary of the Hong Kong Special Administrative Region government pointed out in a recent essay that although the overall non-residential property market is relatively weak, the Web3 sector is becoming a new highlight in Hong Kong's economic development. Experienced investors have acquired the entire Tin Hau Commercial Building to create a hub for Web3 ecological development, seizing new opportunities for Hong Kong in this field. Many Web3 companies have also successively rented office spaces in Hong Kong to conduct business, and this trend is expected to continue. As an international financial center, Hong Kong is actively embracing new formats of the digital economy and providing a development platform for innovative technology enterprises.

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