Odaily News Hong Kong SAR Chief Executive Lee Ka-chiu said that in response to the case of the virtual asset trading platform JPEX, the police and the Securities and Futures Commission have been asked to meet with the media this afternoon (19th) to explain the relevant incidents. Li Jiachao pointed out that the SAR government’s policy stance on virtual assets is to have an effective regulatory system, the dissemination of information related to virtual assets must be open and transparent, and investor education must be valued and promoted. Li Jiachao said that this incident reflects the importance of supervision, including the need to invest in regulated and licensed trading platforms, and the importance of personal understanding of virtual assets and related risks. He emphasized that the current licensing system is to protect investors. The Securities and Futures Commission will monitor market changes to ensure that investors interests are fully protected, and the authorities will also vigorously promote investor education.