CoinVoice has recently learned that the Financial Secretary of Hong Kong, Paul Chan, pointed out in his latest published essay (Exploring New Markets and Developing New Areas to Promote Growth) that the Exchange-Traded Products (ETP) market in Hong Kong is developing rapidly, with over 210 ETP products currently listed, covering various asset classes including stocks, fixed income, commodities, currencies, and digital assets.
Paul Chan stated that the market is generally optimistic about the performance of Hong Kong stocks and the new stock market in the second half of the year. ETP products have become an important force supporting the liquidity of Hong Kong stocks. In March of this year, Hong Kong welcomed the first batch of leveraged and inverse products in Asia, including products tracking popular U.S. stocks like NVIDIA, Tesla, Coinbase, and MicroStrategy. These products focus on daily leveraged trend changes, providing investors with more short-term trading and hedging tools, further enriching the product ecosystem in the Hong Kong market. [Original link]