New batch of ETFs make HK market debut

Three new exchange-traded funds (ETFs) tracking cross-market indices have made their debut on the Hong Kong stock exchange, marking the first batch of such products listed in the Special Administrative Region (SAR). The ETFs, namely the HKEX Tech & US Tech 100 Index, the HKEX Bursa Malaysia Large Cap Index ETF, and the HKEX KRX Semiconductor Index, were listed in a ceremony attended by Hong Kong Stock Exchanges and Clearing CEO Bonnie Chan.

Chan emphasized the significance of this milestone in the development of the index business, stating that these ETF listings further drive vibrancy in the equities, ETFs, and derivatives ecosystem. Grace Chan, director of investment products at the Securities Futures Commission, noted that the listing underscores the continued vitality and innovation of Hong Kong's ETF market, reflecting the industry's efforts to develop new investment solutions and provide investors with a broader range of choices. This development further solidifies Hong Kong's leading role in the ETF market.

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