On July 6, the Financial Secretary of Hong Kong, Chan Mo-po, stated that "Currently, ETPs listed in Hong Kong are anchored to assets including stocks, fixed income products, commodities, currencies, and even digital assets, with asset sources covering Mainland China, the United States, Europe, Japan, South Korea, Southeast Asia, the Middle East, and even South America.
ETPs allow issuers greater flexibility in selecting underlying assets, product returns, and risk structures, making it easier for them to capture investors' interests and hedging needs, continuously launching new products to meet rapidly changing market trends. For example, in March this year, Hong Kong welcomed Asia's first 'leveraged and inverse products' for individual stocks, including tracking popular US stocks such as NVIDIA, Tesla, Coinbase, and MicroStrategy, with structures focused on leveraged daily trend changes. These products not only enrich the market ecosystem but also provide more short-term trading and hedging tools.
Hong Kong currently has over 210 ETP products listed. As of May this year, the total managed assets of these ETP products were close to 510 billion yuan, an increase of about 30% compared to 2020, with the average daily trading volume significantly increasing 5 times to around 40 billion yuan."
