Welcome to read Techub News's "Weekly Highlights of Hong Kong Web3." In this issue, we will summarize the significant events and developments in the Hong Kong Web3 sector from January 12 to January 18, along with the latest data insights and detailed event previews, helping you quickly and comprehensively understand the progress in Hong Kong's Web3 field last week.
Hot News
Deloitte Hong Kong Partner: More Web3 Companies Expected to Go Public in Hong Kong
According to the Hong Kong Economic Journal, Deloitte China's Digital Assets Hong Kong Partner, Lui Chi-hung, predicts that more Web3-related companies will choose to go public in Hong Kong in the future. Lui pointed out that virtual asset trading platforms require continuous capital investment…
According to the Hong Kong Wen Wei Po, a 32-year-old man in Hong Kong reportedly fell to his death after losing about 10 million HKD in cryptocurrency investments. The report mentioned that the man had experienced mental health issues due to unemployment pressure and required regular medical treatment…
National Committee member, Hong Kong Legislative Council member, and head of the Hong Kong Web3 and Cryptocurrency Leadership Group, Dr. Wu Jiezhuang, has confirmed his attendance at the opening session of the "Global Web3 Developer Conference 2026" (GWDC), which will take place from February 8 to 9 in Hong Kong Cyberport…
Hong Kong-listed company Derin Holdings announced that its subsidiary, Derin Securities, has been approved by the Hong Kong Securities and Futures Commission (SFC) to upgrade to a Type 4 (advising on securities) regulated activity license and will launch virtual asset consulting services. Additionally, Derin Securities will complete its licensing with the SFC…
Conflux Becomes a Platinum Sponsor of the "2026 GWDC Global Web3 Developer Conference"
Conflux announced that it has become a platinum sponsor of the "2026 GWDC Global Web3 Developer Conference." Conflux is a high-performance Layer 1 blockchain designed for dApps that require large-scale speed while maintaining decentralization. Its unique tree graph structure can confirm multiple blocks simultaneously, achieving parallel processing, significantly reducing confirmation time and increasing transaction throughput…
According to Zhitong Finance, Hong Kong Financial Secretary's Deputy, Huang Weilun, spoke at an event about digital assets and cryptocurrencies. He stated that Hong Kong will further promote stablecoin development in the future but emphasized "prioritizing stability before progress" to prevent illegal capital inflows…
The Hong Kong SFC issued a statement warning the public to be cautious of a suspicious AI-themed investment product. This product involves high-frequency trading arrangements sold and promoted by Jinfenglai Limited (金丰来) and Angel Guardian Alliance Technology Limited (AGA)…
Hong Kong Fintech Company WeLab Completes $220 Million Series D Financing, HSBC Leads the Round
According to Bloomberg, Hong Kong fintech company WeLab has completed a $220 million Series D financing round, led by HSBC, with participation from Prudential Hong Kong, Fubon Bank, Hong Kong Investment Company, Allianz X, TOM Group (Cheung Kong Group), and others…
Hong Kong Financial Secretary Chan Mo-po stated in a blog that Hong Kong is accelerating the establishment of a gold central clearing system as an important financial infrastructure to enhance the reliability and efficiency of gold trading and physical delivery, reduce transaction costs, and increase liquidity, with the goal of launching trial operations in 2026 and inviting the Shanghai Gold Exchange to participate…
Industry Observation
On the evening of January 14, 2026, a television special titled "Technology Empowering Anti-Corruption" brought a highly digital-age characteristic corruption case to the public's attention. The program revealed that Yao Qian, the former head of the Technology Supervision Department of the China Securities Regulatory Commission and former director of the Central Bank Digital Currency Research Institute, had key evidence of his disciplinary violations locked by blockchain technology. Investigations showed that as early as 2018, Yao accepted a request from cryptocurrency businessman Zhang to use his influence to "give a heads-up" to a virtual currency exchange, helping his company successfully issue tokens and raise 20,000 ETH, and later secretly accepted 2000 ETH as "digital remuneration" through his trusted subordinate Jiang Guoqing as an intermediary. Ironically, the special investigation team later directly seized a hardware wallet containing the bribes from his office drawer.
Why Did Coinbase Withdraw Support for the Genius Act at the Last Minute?
On January 14, a bill aimed at regulating the U.S. cryptocurrency market—the "CLARITY Act"—was set to face a crucial vote in the Senate Banking Committee. Just before this industry breakthrough, Coinbase's founder and CEO Brian Armstrong announced that the company would completely withdraw its support for the bill, stating that "a bad bill is worse than no bill at all."
Global Superstar MrBeast Becomes a Major Player for Tom Lee
BitMine Immersion Technologies (BMNR), chaired by Wall Street analyst Tom Lee, announced that it will invest in the holding company behind global superstar MrBeast. Meanwhile, Beast Industries mentioned in an official statement that the company will explore how to "integrate DeFi into its upcoming financial services platform."
On January 15, 2026, in Shenzhen.
A civil lawsuit was filed in court, seeking an amount as high as 200 million. The name on the defendant's seat feels like a distant memory, former Xunlei CEO Chen Lei, the man who once caused Xunlei's stock price to soar fivefold in a month, is now the main character in "corruption and hollowing out the company."
He is suspected of misappropriating tens of millions of company funds for cryptocurrency trading and arranging relatives to fabricate contracts within the company to siphon off company funds… In Xunlei's statement, Chen Lei is described as "guilty of numerous crimes."
Data Insights
Hong Kong Bitcoin & Ethereum Spot ETF Inflows and Outflows
According to ichaingo data statistics, last week, the subscription and redemption volume of Hong Kong Bitcoin spot ETFs was 0, with a total ETF holding value of approximately $364 million, an increase of about $18 million in holding value; the net redemption volume of Ethereum spot ETFs was 0.02, with a total ETF holding value of approximately $106 million, an increase of about $6 million in holding value.
Event Updates
"2026 Asia Digital Asset Innovators Summit"
The "2026 Asia Digital Asset Innovators Summit," hosted by Informa Markets, will be held in Hong Kong from January 22 to 23. DAIS focuses on the intersection of traditional finance and cryptocurrency, bringing together leading financial institutions, innovative infrastructure and technology providers, and influential policymakers to share insights, explore strategies, and address emerging challenges. From the adoption of digital assets in institutional portfolios to the competition in global stablecoin development and the evolution of tokenized real-world asset frameworks—this summit aims to build a bridge to collaboratively construct the blueprint for the future financial system.
The "Ethereum Hong Kong Meetup," co-hosted by EthereumHKHub and SNZ Holdings, will take place on January 24 from 14:00 to 18:00 in Hong Kong, aiming to gather builders, researchers, investors, and enthusiasts in Hong Kong's evolving Web3 ecosystem to connect with Ethereum core researchers, top project teams, and local builders.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
