Hong Kong is striving to establish the world's most welcoming environment for Web3 development by enhancing its regulatory framework and industry support, according to Leung Hon-ching, Global Head of Financial Services and Technology at Invest Hong Kong. Leveraging its status as an international financial center, Hong Kong seeks to attract virtual asset, RWA, and fintech companies by providing clear compliance pathways and gradually opening policies. The city aims to address challenges such as account opening and licensing through government-business communication mechanisms. Stablecoins are seen as having significant potential in cross-border payments and AI microservice settlements, while the key to RWA lies in aligning legal and regulatory frameworks. Hong Kong intends to maintain strict regulation while using the "Hong Kong Inc" collaborative mechanism to attract global Web3 and tech companies, positioning the city as a launchpad for international market expansion.