Fosun International: Plans to increase investment in Hong Kong and continue to focus on innovative areas such as Web3 and Fintech

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ODAILY
12-13
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Odaily Odaily: Wang Qunbin, co-chairman of Fosun International, said that under the background of profound adjustments in the current global economic landscape, Hong Kong, as an important hub connecting the mainland and the international market, has become increasingly strategically important. Fosun will give full play to its own advantages and continue to increase investment and development in Hong Kong. It intends to further increase investment in the future and will continue to pay attention to innovative fields such as financial technology, artificial intelligence, biomedicine, and Web3.0. Chan Ho-lim, deputy secretary for financial services and the treasury of Hong Kong, added that the Hong Kong Securities and Futures Commission estimates that several more platforms may be issued licenses this month, and the draft bill on the regulatory system for issuers of fiat stablecoins will also be submitted to the Legislative Council for review this month. (Hong Kong Economic Journal)

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