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.

ChainCatcher news, according to the Securities Times, the Fujian-Hong Kong Economic and Trade Cooperation Promotion Conference, hosted by the Fujian Provincial Committee and Provincial Government, with the Hong Kong Trade Development Council as a co-organizer, was held this week in Hong Kong.It is reported that the Hong Kong Web3.0 Association, the Greater Bay Area International Information Technology Association, and the Fujian Provincial Big Data Group signed a strategic cooperation agreement at this promotion conference. Relying on the established technological strength and respective advantageous resources, they will fully leverage the achievements of digital Fujian construction to jointly build a new type of integrated infrastructure for the digital economy between Fujian and Hong Kong, and promote cooperation in the digital economy field between Fujian and Hong Kong. (source link)

ChainCatcher news, the Hong Kong Web3.0 Association was established on the 11th. In addition to the relevant association, Hong Kong will also set up the Web3Hub fund to support more overseas Web3.0 enterprises to settle in Hong Kong. The fund will be chaired by the Financial Secretary of Hong Kong, Paul Chan, and will have a management committee composed of several experts from the fields of fintech, blockchain, cryptocurrency, and more.The fund will collaborate with organizations such as the Hong Kong Science Park and the Innovation and Technology Commission to provide one-stop services for overseas Web3.0 enterprises. It is reported that the fund has already received applications from multiple Web3.0 projects from the United States, Europe, Singapore, and other regions, covering areas including DeFi, NFTs, the metaverse, and decentralized social media (Dsocial). The fund plans to start investing in and supporting these projects in the second half of this year. (Source link)