Author：Lily Editor：Colin Wu 1. HongKong & FTX’s weekly summary 1.1 HEX Trust reduces minimum residual exposure to FTX and Alameda to zero Link Hong Kong-based institutional custodian HEX Trust sent an investor letter stating that Terra made an important choice after its collapse in April to move away from prioritizing revenue generation and market participation and instead minimize its exposure to the overall market, thus reducing its minimum residual exposure to FTX and Alameda to zero in the first week of November.