BlockBeats News, October 20th, according to Hong Kong 01, Jean-Francois Mesnard-Sense, Senior Vice President of the Securities Product Development Department of HKEX, revealed that data shows Hong Kong’s ETF market liquidity has ranked third globally, with an average daily turnover of nearly 38 billion Hong Kong dollars as of the end of September this year.
Regarding virtual asset ETPs, Hong Kong is currently the largest virtual asset ETP market in the Asia-Pacific region, with the asset under management reaching 8.1 billion Hong Kong dollars as of the end of September this year. It is reported that HKEX plans to digitize the subscription and redemption mechanism of the ETP primary market.
