According to ChainCatcher and the Hong Kong Economic Journal, the Director-General of Investment Promotion, Kai-Xuan Liu, stated that several stablecoin operators are currently negotiating with their financial team about establishing a presence in Hong Kong, and they expect that shortly after the "Stablecoin Regulations" take effect next month, relevant companies will land in the city.
Liu Kai-xuan mentioned that in the past two and a half years, 630 mainland enterprises have settled in Hong Kong, accounting for approximately 48% of new arrivals. Due to national policies supporting enterprises going overseas, Hong Kong will serve as a springboard, and he believes that mainland enterprises will continue to occupy a significant proportion of companies establishing themselves in Hong Kong in the future.
