Hong Kong Financial Secretary: The Hong Kong government and regulatory authorities are exploring a regulatory virtual trading platform to study the trade finance blockchain platform

The Financial Secretary of Hong Kong, Chen Maobo, said at the Internet Economic Summit on April 15 that more than 550 financial technology companies and start-ups have set up their headquarters in Hong Kong. Over the past five years, these companies have raised more than $1.1 billion in funds, surpassing Japan. Other countries such as Singapore and Australia. He pointed out that the government and regulators are exploring the regulation of virtual trading platforms, and researching the trade link block platform "Trade Link" (eTradeConnect), which will be jointly promoted by a number of banks, to connect international companies.