The Hong Kong government officials have restated their unwavering dedication to advancing financial innovation, focusing on areas like financial technology (Fintech), green finance, Web3-related decentralized finance (DeFi), and virtual assets. Their commitment to these initiatives is coupled with a priority to manage financial risks effectively. The officials emphasized the region's aspiration to uphold its status as a premier global financial hub by championing cutting-edge financial technologies. The comprehensive strategy includes substantial investments in Fintech to enhance financial services and elevate user experiences. The emergence of DeFi on Web3 is set to capture significant attention, underscoring the escalating significance of decentralized financial solutions globally. Recognizing DeFi's potential to reshape traditional financial systems by offering more transparent, efficient, and accessible services, the government continues to support the promotion of virtual assets, positioning Hong Kong at the forefront of digital asset adoption. The government's strategy aims to harmonize innovation with robust regulatory structures to mitigate associated financial risks. According to a government spokesperson, it is imperative to maintain a manageable level of financial risks when embracing these new technologies. The commitment to innovation remains steadfast, with a parallel emphasis on preserving the stability and security of the financial system. By integrating advanced financial technologies and sustainable practices, Hong Kong seeks to attract investments and technology firms globally, reinforcing its status as a dominant financial entity. This article does not provide investment advice.