-+ 0.00%
-+ 0.00%
-+ 0.00%
The Secretary for Financial Services and the Treasury of the Hong Kong Special Administrative Region Government, said today that ETFs entered their fourth year of inclusion in the Shanghai-Shenzhen-Hong Kong Stock Connect last month. The China Financial Supervisory Authority announced on the 18th that it actively supports mainland insurance funds to participate in financial market connectivity between the Mainland and Hong Kong, and supports mainland insurance institutions to invest in Hong Kong ETFs through the Shanghai-Shenzhen-Hong Kong Stock Connect. This news not only increases asset allocation options for mainland insurance funds, but also injects new long-term momentum into the next stage of development of the Hong Kong ETF market. It is an important step in ETF connectivity towards deeper development. It not only helps increase the market capital base and product demand, but also helps the Hong Kong asset management industry to further develop. Xu Zhengyu pointed out that in recent years, Hong Kong has continued to build an ETF market, and the product ecosystem is becoming more and more perfect, and the international advantages of the Hong Kong market also continue to show in the ETF field. Hong Kong has now become one of Asia's most international and innovative ETF markets. In the first seven months of 2026, the average daily turnover of the Hong Kong ETF market was about HK$40.6 billion, an increase of 22% year-on-year, accounting for more than 14% of the total turnover of the spot market. This is not only an increase in transaction numbers, but also represents an increase in market depth and participation. Xu Zhengyu believes that the Hong Kong ETF market will connect mainland and global capital more efficiently, and continue to add momentum to consolidate and enhance Hong Kong's position as an international financial center.
Share
Listen to the news
The Secretary for Financial Services and the Treasury of the Hong Kong Special Administrative Region Government, said today that ETFs entered their fourth year of inclusion in the Shanghai-Shenzhen-Hong Kong Stock Connect last month. The China Financial Supervisory Authority announced on the 18th that it actively supports mainland insurance funds to participate in financial market connectivity between the Mainland and Hong Kong, and supports mainland insurance institutions to invest in Hong Kong ETFs through the Shanghai-Shenzhen-Hong Kong Stock Connect. This news not only increases asset allocation options for mainland insurance funds, but also injects new long-term momentum into the next stage of development of the Hong Kong ETF market. It is an important step in ETF connectivity towards deeper development. It not only helps increase the market capital base and product demand, but also helps the Hong Kong asset management industry to further develop. Xu Zhengyu pointed out that in recent years, Hong Kong has continued to build an ETF market, and the product ecosystem is becoming more and more perfect, and the international advantages of the Hong Kong market also continue to show in the ETF field. Hong Kong has now become one of Asia's most international and innovative ETF markets. In the first seven months of 2026, the average daily turnover of the Hong Kong ETF market was about HK$40.6 billion, an increase of 22% year-on-year, accounting for more than 14% of the total turnover of the spot market. This is not only an increase in transaction numbers, but also represents an increase in market depth and participation. Xu Zhengyu believes that the Hong Kong ETF market will connect mainland and global capital more efficiently, and continue to add momentum to consolidate and enhance Hong Kong's position as an international financial center.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending