China Mobile Hong Kong has taken the lead in establishing the Hong Kong Web 3.0 Association, which will gradually realize virtual asset on-chain and trading services

ChainCatcher news, according to Hong Kong Commercial Daily, China Mobile Hong Kong has announced the establishment of the Hong Kong Web3.0 Association, which will collaborate with partners to build Web3.0 blockchain standards, gradually realizing on-chain and trading services for personal and corporate virtual assets, striving to become the standard for the new information infrastructure industry in Smart Hong Kong.

Li Feng, Chairman of China Mobile Hong Kong (i.e., CMHK) and China Mobile International, stated in an interview that CMHK is fully committed to promoting the development of Hong Kong's digital economy by effectively supporting the digital transformation of Hong Kong's economy and society through five key initiatives.