Hong Kong's Financial Secretary, Paul Chan, highlighted a growing trend in the demand for office spaces by Web3 companies in the region. As of March, Hong Kong registered 976 funds with a net inflow of over $44 billion, marking a 285% increase year-on-year. Despite a sluggish non-residential property market, significant investments are being made, including the purchase of a commercial building in Tin Hau for Web3 development. The Hong Kong Science Park and Cyberport have been instrumental in nurturing 22 listed and 20 unicorn companies, further fueling the demand for office spaces. Web3 companies are increasingly leasing office buildings in Hong Kong, and this trend is expected to continue as the city positions itself as a hub for technological innovation.