Odaily星球日报讯 OSL 集团首席财务官胡振邦透露，业界其实一直在准备，希望可以为香港的虚拟资产市场做得更多，例如不少业界人士希望争取将加密货币现货 ETF 纳入互联互通，由于互联互通采取闭环的方式运作，这不会构成资金外流问题，同时又可为内地投资者提供了安全投资虚拟资产的选择。此外，加密货币现货 ETF 推出至今只有两个月，已有机构准备发行相关的衍生工具，例如有更高杠杆的期权等，这将大大提升香港虚拟资产市场的吸引力。 （大公文汇网）

香港加密货币业界人士希望争取将现货ETF纳入互联互通与内地投资者建立联系

Odaily Odaily News OSL Group Chief Financial Officer Hu Zhenbang revealed that the industry has actually been preparing and hopes to do more for Hong Kong&#39;s virtual asset market. For example, many industry insiders hope to strive to include cryptocurrency spot ETFs in the interconnection. Since the interconnection operates in a closed-loop manner, this will not cause capital outflow problems, and at the same time provide mainland investors with a safe option to invest in virtual assets. In addition, it has only been two months since the launch of the cryptocurrency spot ETF, and some institutions are preparing to issue related derivatives, such as options with higher leverage, which will greatly enhance the attractiveness of Hong Kong&#39;s virtual asset market. (Ta Kung Pao Wenhui Network)

Hong Kong cryptocurrency industry players hope to include spot ETFs in the Stock Connect to connect with mainland investors

According to Mars Finance, OSL Group Chief Financial Officer Hu Zhenbang believes that Hong Kong has great advantages in developing the virtual asset market, including low tax rates, clear legal systems, and perfect investor protection. Moreover, Hong Kong is an important financing choice for international funds, gathering financial elites from various countries. With the support of the motherland, Hong Kong has the conditions to develop into the leader of the Asian virtual asset market in terms of talents, resources and policies. Hu Zhenbang said that Hong Kong has obvious advantages in developing virtual assets. The first is the tax rate. Hong Kong investment in virtual assets will not be subject to capital gains tax, which is very attractive to global investors. For example, although Japan and Australia have developed the virtual asset market earlier than Hong Kong, the two countries need to pay capital gains tax. The relevant taxes will be included in the comprehensive tax rate calculation. Japan's comprehensive tax rate is as high as 50%, while Australia's is 40%. For investors, returns are the most important consideration. Hong Kong's low tax system will attract more international investors. In addition, the attitude of banks is also very important. Hu Zhenbang explained that since there have been incidents of "money laundering" involving virtual assets all over the world in the past, banks attach great importance to related risks. Some institutional investors of virtual assets have encountered the same problem in different countries, that is, it is very difficult to open bank accounts. For example, many large banks in Japan refuse to allow these funds to open accounts. However, banks in Hong Kong are open-minded, and many Chinese banks welcome these institutions that specialize in investing in virtual assets to open accounts. Hu Zhenbang said that after the licensing system comes into effect, the account opening process alone, including identity authentication, will be strictly regulated, and in recent years, the SAR government has been very positive about the development of virtual assets, and new policies have been introduced almost every quarter to promote market development. He also revealed that a licensing system for cryptocurrency "money changers" may be introduced in the short term. In addition, the SAR government has introduced various regulatory measures, including anti-money laundering and prevention of hackers, and has taken the initiative to assume the responsibility of promoting market standardization and actively explored relevant policy formulation options, which has made Hong Kong's advantages in the development of the virtual asset market more and more obvious. He said that the characteristics of Hong Kong's virtual asset licenses also expand the advantages of the entire market. At present, Hong Kong's licenses for crypto assets can provide both cryptocurrency trading and security tokens (STOs), which is more convenient than Singapore and the United States, because most licenses in other countries and regions can only provide one of the services, not both, just like Coinbase (COIN.US), which has been listed in the United States, and its license can only provide cryptocurrency trading. (Ta Kung Pao)

OSL Group CFO: Many Chinese banks in Hong Kong welcome institutions specializing in virtual asset investment to open accounts

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It has been one and a half months since the six virtual asset ETFs in Hong Kong were listed on April 30, and the market is still in the running-in period. On the one hand, traditional banks have not yet distributed these virtual asset ETFs, while on the other hand, some securities firms are actively promoting the layout. Industry experts analyzed that the various stakeholders are "making up lessons" due to the early approval of ETFs, and different institutions are running in and unblocking the bottlenecks. Two months later may be the key node for volume growth.
Author: Weilin,...

Review of Hong Kong virtual asset ETF’s recent performance: Banks have not yet distributed it, and multiple processes need to be adjusted

Odaily Odaily reported that Hong Kong stock market data showed that as of the close, the transaction volume of 6 Hong Kong virtual asset ETFs today was HK$29.7075 million, of which: Hua Xia Bitcoin ETF (3042.HK) had a transaction volume of HK$16.03 million, and Hua Xia Ethereum ETF (3046.HK) had a transaction volume of HK$2.52 million; Harvest Bitcoin ETF (3439.HK) had a transaction volume of HK$5.99 million, and Harvest Ethereum ETF (3179.HK) had a transaction volume of HK$2.47 million; Bosera HashKey Bitcoin ETF (3008.HK) had a transaction volume of HK$977,500, and Bosera HashKey The trading volume of Ethereum ETF (3009.HK) was HK$1.72 million.