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Chan Mo-po: There are currently more than 210 ETPs listed in Hong Kong, with anchored assets including digital assets
Foresight News According to Foresight News, Hong Kong Financial Secretary Chan Mo-po published a director's essay "Exploring new market development and new areas to promote development through incremental growth", which pointed out that the market is generally optimistic about the performance of the Hong Kong stock market and the new stock market in the second half of the year. Exchange Traded Products (ETPs) linked to different types of assets have become the new force supporting Hong Kong stock liquidity in recent years. Currently, there are more than 210 ETP products listed in Hong Kong. The anchored assets include stocks, fixed income products, commodities, currencies and even digital assets (Digital Assets). In March this year, Hong Kong ushered in the first batch of leveraged and reverse products of individual stocks in Asia, including tracking popular US stocks such as Nvidia, Tesla, Coinbase and MicroStrategy. Their structure is concentrated on the changes in the single-day trend of leverage. These products not only enrich the market ecosystem, but also provide more short-term trading and hedging tools.
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