According to Odaily, Hong Kong's financial landscape has experienced notable growth, as highlighted by Financial Secretary Paul Chan. As of the end of March this year, the number of registered funds in Hong Kong reached 976, with a net capital inflow exceeding $44 billion, marking a 285% increase year-on-year.
The Hong Kong Science Park and Cyberport, two major innovation and technology hubs, have supported the development of 22 listed companies and 20 unicorn enterprises. Despite the current weakness in the non-residential property market, seasoned investors are purchasing entire commercial buildings in Tin Hau to serve as hubs for Web3 ecosystem development. This move aims to capitalize on Hong Kong's advancements in the Web3 sector.
Web3 companies are increasingly leasing office spaces in Hong Kong to conduct their operations, and this demand is expected to continue.