According to Justin Sun, the chairman of the Legislative Council's subcommittee on Web3 and virtual asset development, Wu Jiezhuang, stated that Hong Kong is actively attracting foreign investment, including capital from mainland China. However, he noted that many foreign investors have a limited understanding of Hong Kong's regulatory systems, often leading to misunderstandings. This issue is expected to have an international impact, prompting authorities to urgently review various regulatory frameworks to address societal concerns.