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.

According to Justin Sun, a Chinese cryptocurrency billionaire, the $500 million fraud case involving a trust institution highlights issues within Hong Kong's financial system. Justin Sun points out that there is significant misunderstanding about Hong Kong's regulatory environment, especially among foreign investors. This could have international implications, as noted by Ng Kit Chuang, Chairman of the Legislative Council's Web3 and Virtual Assets Development Affairs Subcommittee. The situation underscores the need for Hong Kong to address these misconceptions to continue attracting foreign capital, including funds from mainland China. [Source: Justin Sun on Twitter]

According to @NYPost, nearly half of Japanese business leaders are planning to increase their operations in the United States. This decision is in response to President Trump's calls for greater foreign investment, which could lead to enhanced economic ties and potential trading opportunities between the countries. Investors may want to monitor sectors likely to be affected by this expansion for potential trading opportunities.