Fu Peng, a prominent figure in traditional macroeconomics, has entered the Web3 space as the Chief Economist of Xinhuo Group. He made his debut at the Hong Kong Web3 Carnival in April 2026. Known for his extensive background in investment banking and macroeconomic analysis, Fu Peng's transition to the Web3 arena marks a significant shift in his career. Fu Peng's career spans roles at Lehman Brothers, Solomon International, and Northeast Securities, where he gained a reputation for his insights into global economic trends and asset allocation. His move into the Web3 sector aligns with his long-standing interest in emerging financial technologies and macroeconomic shifts. At the Hong Kong event, he discussed the evolution of crypto assets, emphasizing their transition from belief-driven entities to mature financial instruments, akin to traditional derivatives. Fu Peng's entry into Web3 has sparked discussions, particularly due to his controversial social media interactions, where he blocked several Chinese-speaking industry professionals. This move has amplified his visibility in the Web3 community, highlighting his unique approach to filtering information and maintaining analytical independence.