PANews reported on August 30th that Hong Kong Legislative Council member Ng Kit-chung posted on the X platform, stating that Hong Kong is actively building an international digital asset center, prioritizing both innovation and compliance for businesses. He also expressed his belief that the integration of the capital market and the digital asset industry will bring new momentum to the market. DePIN, combining blockchain with the real economy, is expected to reshape traditional industries such as the Internet of Things, energy, and transportation, and is a key area for Web3 application. Many international exhibitors at Cyberport are developing projects and technologies that integrate Web3 with real-world applications, which is sure to create new blue ocean markets.