Deep Tide TechFlow news, on July 6, Hong Kong's Financial Secretary Paul Chan published a blog post (Exploring New Markets and Developing New Areas to Promote Growth), in which he pointed out 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, and that Exchange Traded Products (ETP) linked to different types of assets have become a vital force supporting the liquidity of Hong Kong stocks in recent years.
Currently, there are over 210 ETP products listed in Hong Kong, with assets anchored including stocks, fixed income products, commodities, currencies, and digital assets, among others. In March of this year, Hong Kong welcomed the first batch of leveraged and inverse products in Asia, including those tracking popular U.S. stocks like NVIDIA, Tesla, Coinbase, and MicroStrategy, focusing on the changes in leveraged daily performance. These products enrich the market ecosystem and provide more tools for short-term trading and hedging.