Paul Chan: Hong Kong currently has over 210 listed ETPs, with underlying assets including digital assets.

On July 6th, Hong Kong Financial Secretary Paul Chan Mo-po published a secretary's blog titled "Exploring New Markets and Developing New Fields to Promote Development with Incremental Growth," which pointed out that the market generally has a positive outlook on the performance of Hong Kong stocks and the new stock market in the second half of the year. 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 more than 210 ETP products listed in Hong Kong, with assets including stocks, fixed income products, commodities, currencies, and even Digital Assets. In March of this year, Hong Kong welcomed Asia's first batch of leveraged and inverse products for individual stocks, including those tracking popular US stocks such as NVIDIA, Tesla, Coinbase, and MicroStrategy. Their structure focuses on changes in the leveraged daily trend. These products not only enrich the market ecosystem but also provide more short-term trading and hedging tools. [深潮 TechFlow]