On May 8, Feng Lun, the founder of Vantone, issued a response to the online rumor that he was "restricted from high consumption", saying that this was caused by the unauthorized operation of the minority shareholders of 91460200MA5RCFQR3Q (formerly Sanya Vantone Health Development Management Co., Ltd.) with the official seals of the two companies controlled.

Odaily Planet Daily News The Hong Kong Monetary Authority Executive Director (Banking Conduct) Au Yuk-lun said that the guidance on the sale of token products applies to the digital representation of real assets on the ledger, such as structured investment products, spot precious metals and deposit products that are not regulated by the Securities and Futures Ordinance. The guidelines cover relevant due diligence, product and risk disclosure, as well as risk management systems and controls, with the aim of providing appropriate protection to banking customers. Au Yulin explained that the above-mentioned real assets themselves have safeguards, and if they are tokenized in the future, there may be additional risks (mainly technological risks), such as the Token product may be hacked or the system may stop working. As for the guidance on virtual asset custody, it applies to digital assets using DLT or similar technologies, such as virtual assets, token securities, and other token assets. Au said that banks must comply with five standards when hosting such assets for customers, one of which is that banks must separate their own assets from customers' digital assets, and other standards include risk management, safeguarding customer assets, conducting due diligence on service providers, and providing disclosure. (Takungpao)

According to Jiemian News, on November 7, the 2023 LUN Partners International Fintech Forum was successfully concluded at Hong Kong Cyberport. Zhang Chunxin, Vice Dean of Academic Affairs, Director of the Fintech Research Center, and Professor of Fudan Finance EMBA Program, was invited to attend the forum and delivered a keynote speech on "Artificial Intelligence and Finance: A New Generation of Corporate Business Informatics". Zhang Chunxin pointed out that AI is a continuation of computer programming, which has gone through the development process from applications to machine learning to deep learning. Back in 2015, AI surpassed mice in computing power, and this year, AI will surpass the human brain. In the next 20 years, it is more likely that a single AI will have more computing power than any human brain. Zhang Chunxin believes that in the future business development, the most anticipated AI applications by entrepreneurs will mainly focus on three major areas: in terms of precision marketing and customer acquisition, through the integration of multi-party and alternative data (such as personal consumption behavior, social media and other data), multi-dimensional and in-depth understanding of customers, accurate insight into the potential needs of users, so as to improve the efficiency of customer acquisition; in terms of intelligent customer management and customer retention, products can be de-homogenized and in-depth analysis of user needs; and in terms of risk control upgrade, AI It can realize the implementation of intelligent technology applications, lock risk factors, and analyze customer characteristics through multi-dimensional data, so as to accurately assess risks.

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According to PANews news on June 29, according to the South China Morning Post, OneDegree, one of the first insurance technology start-up companies in Hong Kong to obtain a virtual insurance license, completed a financing of US$27 million, with participation from Gobi Ventures, Sun Hung Kai and Bitrock. The new funds will be used to further expand its operations in Asia and expand its digital asset insurance portfolio. Alvin Kwock Yin-lun, co-founder of OneDegree, said that after the Hong Kong Securities Regulatory Commission launched a new regulatory system on June 1, the demand for digital asset insurance will increase significantly in the future; it is expected that many virtual asset trading companies will apply for licenses to provide digital assets in Hong Kong. Asset transactions, and these operators need to have appropriate insurance to protect the interests of investors and traders. It is reported that OneDegree’s total financing scale has exceeded US$97 million. It launched cryptocurrency insurance for the first time in November 2021, providing HK$100 million of insurance for the Hong Kong Digital Asset Exchange, an encryption exchange.