Hong Kong Chief Executive Lee Ka-chiu responded to the media before attending the Executive Council on the 19th. Mr Lee said the SAR government is very concerned about the progress of the JPEX incident. He pointed out that the purpose of the licensing regime introduced by the Securities and Futures Commission (SFC) in Hong Kong is to monitor market changes and developments, ensure that investors' interests are protected and avoid abuse of investment funds by platforms. The HKSAR Government will also vigorously promote the education of investors on how virtual assets are traded on the platform.