Gate News reports that, as of March 31, Ant Group has completed the settlement of its acquisition of Hong Kong stablecoin concept stock Yao Cai Securities, acquiring 50.55% of its equity for HK$2.814 billion. Following the completion of the transaction, Yao Cai Securities' board of directors has undergone a comprehensive reshuffle. Zheng Yanlan, currently head of the overseas business preparation team for the Ant Wealth segment under Ant Group; Huang Hao, currently a senior vice president of Ant Group; and Liu Zheng, currently chief financial officer of Ant Group, among others, have been appointed as executive directors.

Hong Kong Financial Services and the Treasury Bureau Deputy Secretary Chen Hao-lian stated at Consensus 2026 that they welcome Layer 1 protocols establishing a presence in Hong Kong to strengthen the city's position as a Web3 hub. He mentioned that pandemic restrictions have been lifted, and hundreds of Web3 companies are now operating in Hong Kong. The Hong Kong government will continue to strengthen its engagement with blockchain protocols and is considering research into regulatory frameworks for DAOs.

BlockBeats News, February 3 — Bloomberg Businessweek's Person of the Year, two-time China’s Most Influential Economist Hong Hao, stated in an interview with CNBC on February 2, "Although it will take some time for things to settle, we believe the bottom for silver is in the $75–80 per ounce range, and the bottom for gold is around $5,000 per ounce or below."

BlockBeats news, on December 2, the Taiyuan City Wanbailin District Prosecutor's Office in Shanxi Province, China, recently announced the first-instance verdict on the case of Chen and Li, who were prosecuted for concealing and hiding criminal proceeds. The court accepted the sentencing recommendation from the prosecutor's office, sentencing the two to two years and six months, and one year and six months of fixed-term imprisonment respectively, and imposing fines. In May of this year, Ms. Zhang met "Lin Hao" (who is still at large) on a short video platform. "Lin Hao" falsely claimed that his comrade worked for a well-known company and had access to information about the company's stock rise and fall, stating that profits could be made by signing up for an account on the company’s internal website to "buy rise" (claiming a return of 5% per period). However, it required trading in US dollars and exchanging cash for US dollars with designated merchants, which would then be transferred to his comrade's US dollar account, and then transferred to the company's account. On May 21, Ms. Zhang, following "Lin Hao"'s instructions, brought 1.47 million yuan in cash to a hotel in Wanbailin District to prepare for the exchange of US dollars. Under the guidance of the upper source, Chen...

ChainCatcher news, Bloomberg Businessweek's Person of the Year, two-time most influential economist in China Hong Hao posted on Xiaohongshu: BTC fall to the 7 beginning will have an "effective support level."