ChainCatcher news, Jiang Zhaosheng, a senior researcher at OKLink Research Institute, recently published an article in the Hong Kong Economic Journal stating that the current liquidity focus in the Hong Kong market is on the OTC (over-the-counter) sector. Although on-exchange trading still occupies an important position, crypto liquidity is gradually gathering towards the OTC market. Hong Kong needs to maintain and strengthen its competitiveness in the OTC field, establishing a safer and freer OTC market to accommodate liquidity while enhancing its global voice in the virtual asset and Web3 ecosystem.According to incomplete statistics from OKLink Research Institute, the current annual trading volume in Hong Kong's OTC market reaches nearly 10 billion USD. Benefiting from the crypto exchange shops, which are unique local entities, it not only attracts young investors from around the world but also appeals to participants in the middle-aged and older demographics. In recent years, Hong Kong's OTC market has also attracted attention from numerous users and institutions in the international trade and cross-border payment sectors, gradually becoming another important vehicle for gathering global funds in Hong Kong.