BlockBeats news, on August 1, according to AASTOCKS, Shi Ziyuan, head of self-investment at Huaxing Capital, stated, "The company will continue to actively embrace Web 3.0 and the digital asset industry, leveraging professional capabilities and high-quality resources through investment banking services, strategic funds, and direct investments to empower the digital industry ecosystem in Hong Kong. We are applying to expand the scope of the Hong Kong Securities and Futures Commission's licenses 1, 4, and 9 to cover digital asset business; and we look forward to collaborating with industry partners to increase investment and construction efforts in digital asset financial infrastructure, on-chain ecosystems, and RWA assets, jointly promoting innovative and stable industry development, and helping Hong Kong build a global digital asset center."