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Johnny Ng Kit-chong

吳傑莊

Member of the Legislative Council (Election Committee constituency)

Hong KongLawmaker

About

Johnny Ng Kit-chong is a Hong Kong legislator and company director. He holds a PhD from the Hong Kong Polytechnic University and did postdoctoral work at Tsinghua University. The press often calls him one of the city's most vocal advocates for Web3 and digital assets.

He sits in the Legislative Council for the Election Committee constituency. He served in the seventh LegCo and was re-elected at the general election on 7 December 2025 with 1,331 votes. For the 2026 session he chairs the LegCo Panel on Commerce, Industry, Innovation and Technology. He is also a non-official member of the Government's Task Force on Promoting Web3 Development, which the Financial Secretary chairs.

In the seventh LegCo he chaired the Subcommittee on Issues Relating to the Development of Web3 and Virtual Assets, set up in October 2023. The subcommittee reported in June 2025. Its report covered the stablecoin issuer licensing regime, the regulation of virtual asset trading, and support for Web3 firms and talent. He has backed stablecoin legislation and exchange licensing. He argues that Hong Kong can act as a bridge between traditional finance and crypto markets.

Policy engagement

Chaired LegCo's Subcommittee on Issues Relating to the Development of Web3 and Virtual Assets and pushed for the stablecoin legislation and exchange licensing regime.

Source: CoinDesk, 1 Feb 2026: interview with Johnny Ng

Key actions

  1. Listed as a non-official member of the Government's Task Force on Promoting Web3 Development in the membership published on 31 July 2026.

    Source

  2. Told CoinDesk that Hong Kong can be a bridge between traditional finance and crypto, and that custody and OTC rules were due in 2026.

    Source

  3. As chairman, presented the Web3 and Virtual Assets Subcommittee's report to the LegCo House Committee, covering stablecoin licensing, virtual asset trading rules and industry support.

    Source

  4. Led the subcommittee's visit to the Hong Kong Web3 Festival to meet industry representatives.

    Source

  5. Publicly invited Coinbase and other exchanges to consider setting up in Hong Kong.

    Source

Also in Hong Kong