Hainan will implement a full island lockdown on December 18th, which has "caused Singapore to be restless"! Relying on the geographical monopoly of the Malacca Strait, Singapore has been earning huge profits, but after Hainan's lockdown, the policy dividends are released, directly impacting its "transit fee" model.

Hainan's policies such as "30% processing value-added tax exemption" have significantly reduced enterprise costs and attracted many Southeast Asian companies to settle there. Although Singapore has launched self-help plans like green shipping hubs and digital trade barriers, its effectiveness is limited due to land area restrictions.

The competition between Hainan and Singapore is essentially a clash between "policy innovation" and "traditional advantages." Hainan's rise not only changes the shipping landscape but may also influence the global economic interest chain.

Since the crypto market is closely linked to the global economy, Hainan's transformation might bring new capital flows and market opportunities. Against this backdrop, crypto assets may usher in new development opportunities.

In terms of operation, if I must give advice, it is "buy on dips." However, since market changes are unpredictable, everyone must manage risks well, invest rationally, and look forward to new developments in the crypto market!