On February 26, Xiao Feng, chairman of Wanxiang Blockchain and HashKey Group, said when talking about the upcoming second virtual asset policy declaration in Hong Kong that his biggest expectation is not to implement higher and stricter industry rules than the United States. He pointed out that the industry does not expect rules to be looser than those in the United States, but only hopes to be on par with the United States. He cited Alibaba's choice to IPO in the United States because Hong Kong's rules were stricter than the New York Stock Exchange as an example, and called for a similar situation not to repeat itself in the virtual asset market. Previously, Hong Kong will issue its second virtual asset policy declaration.