SCMP: Hong Kong-listed ETFs likely to reap the benefits of better Bay neighborhood progress, upcoming connect system

SCMP: Hong Kong-listed ETFs likely to reap the benefits of better Bay neighborhood progress, upcoming connect system

Exchange-traded funds in Hong Kong are expected observe strong gains because of the development prospective from the Greater Bay neighborhood, expanding interest among buyers and a unique cross-border trading and investing scheme planned for ETFs, per markets professionals.

Seoul-headquartered Mirae house Global assets, the largest ETF issuer in Asia leaving out Japan by worldwide possessions in accordance with studies firm ETFGI, try the type of expecting chances to develop in Hong Kong.

The firm will broaden the Hong Kong-listed ETF assortment the following year with latest resource classes and financial investment ways, said Rhee Jung-ho, president and chief executive officer of Mirae advantage international Investment (Hong Kong).

“We have seen plenty of worldwide dealers who’re enthusiastic about the more Bay region in addition to the quickly improving, innovation-driven companies of mainland China,” Rhee stated in an interview with the South China early morning blog post. (more…)

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