Following FUTU Securities' announcement of zero-fee Crypto trading services starting from August 1st, Tiger Brokers (HK) has also introduced a promotional offer for virtual asset trading services. This move aims to lower the costs involved in the process of virtual asset trading. According to Tiger Brokers founder and CEO Wu Tianhua, the market has responded enthusiastically since the launch of virtual asset trading services, and the company hopes to attract more investors with this discount. As the Hong Kong government implements a series of measures to promote the development of virtual assets, including establishing a licensing system for virtual asset trading platforms and allowing the first batch of virtual asset spot ETFs to be listed in late April, it is expected that virtual asset trading will gradually thrive in Hong Kong and draw more overseas and international investment institutions and investors. This is likely to help position Hong Kong as a regional hub for virtual assets.