ChainCatcher news, Hong Kong Financial Secretary Paul Chan has appointed Charles Li as a member of the Hong Kong Stock Exchange Board, replacing the resigned Ren Jingxin. The appointment is effective from October 29 until the conclusion of the 2026 Annual General Meeting.Paul Chan stated that Charles Li has extensive experience in digital transformation and data management, and he looks forward to his assistance in accelerating the introduction of more new technologies and data applications at the Hong Kong Stock Exchange, as well as further optimizing the risk management of information technology infrastructure and data assets.

ChainCatcher news, according to reports, Hong Kong's Financial Secretary Paul Chan stated in his speech at the Web3.0 Security Technology Summit that Cyberport has currently gathered over 210 companies engaged in Web3.0. Their founders come from more than 20 countries and regions around the world, actively applying relevant technologies in various aspects of life and business, ranging from payment systems, blockchain network security, to digital entertainment businesses, covering a wide range of industries.Paul Chan emphasized the need to seriously address and confront how to construct an effective regulatory framework while avoiding different risks, whether it be the spillover effects of the collapse of large overseas trading platforms or the implications of local scams. It is essential to proactively identify and eliminate risks, and to strengthen investor education comprehensively. In addition, he hopes to seek more new applications, new services, new models, and new products with an open attitude, maintaining a stable safety baseline, and with the flexibility of cross-sectoral understanding. The innovation and mutation of technology make cross-border collaboration the key to responding to technological innovation.