There has been a lot of discussion and research on the "front shop and back factory" model of the Chinese Web3 team in Hong Kong + Shenzhen. It is quite interesting and worth sharing.
Hong Kong Web3 New Paradigm: Front Shop and Back Factory, Overseas Growth
https://mp.weixin.qq.com/s/l4ytAF9J5-sXYzWq74NKcg
Can the "front shop and back factory" model of Hong Kong + Shenzhen be compliant?
https://mp.weixin.qq.com/s/3rlEhysgKdAY1Edi5353rA