According to HKMA news, HKMA, the Hong Kong Securities and Futures Commission, etc., jointly launched the "Consumer Fraud Protection Charter 3.0" ("Charter 3.0") on July 9, and established a cooperation framework with a number of large international technology companies and telecommunications companies (collectively referred to as "participating institutions") to jointly combat online fraud. Participating institutions of "Charter 3.0" include Douyin, Google, Meta, Microsoft, WeChat, Weibo, Xiaohongshu, China Mobile Hong Kong, China Unicom Hong Kong, etc.