Odaily Planet Daily News: Hong Kong Legislative Council member Wu Jiezhuang posted on X, "Singapore earlier issued the Guidelines on Licensing for Digital Token Service Providers, which proposed new policies for companies, institutions, and personnel engaged in virtual assets. Since Hong Kong issued the Virtual Asset Declaration in 2022, it has actively welcomed the industry to develop in Hong Kong. According to informal statistics, thousands of Web3 companies have landed in Hong Kong. If you are currently engaged in a related industry in Singapore and are interested in moving your headquarters and personnel to Hong Kong, I am willing to provide assistance and welcome you to develop in Hong Kong!"