The Financial Services and the Treasury Committee of the Hong Kong Legislative Council recently confirmed that Legislator Lee Wai-hong has assumed the position of Chairman. This legislator has been dedicated to promoting the development of Hong Kong's virtual assets and futures markets, proposing several forward-looking policy suggestions.

According to Odaily Planet Daily, Lee Wai-hong advocates accelerating the approval process for virtual asset licenses and suggests that the Futures Exchange implement an almost 24-hour trading system of 23 hours, while expanding the scope of futures products traded during holidays. He further proposed opening up more virtual asset options and derivatives to enhance Hong Kong's competitiveness as an Asian financial center.

Additionally, the new Chairman of the Legislative Council also advocates for the Hong Kong government to accelerate the construction of infrastructure for an international gold trading center and actively promote Hong Kong's accession to the Regional Comprehensive Economic Partnership (RCEP). These initiatives reflect Hong Kong's strategic direction of developing through both digital economy and traditional finance.