Chen Maobo: There are currently over 210 ETPs listed in Hong Kong, with anchor assets including digital assets

The Financial Secretary of Hong Kong, Paul Chan, published the Secretary's essay "Exploring New Markets and Developing New Areas to Promote Incremental Development", which 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 exchange-traded products (ETPs) linked to different types of assets have become a new force in supporting the liquidity of Hong Kong stocks in recent years. At present, there are more than 210 ETP products listed in Hong Kong, anchored by assets including stocks, fixed income products, commodities, currencies, and digital assets. In March this year, Hong Kong welcomed the first batch of leveraged and inverse products for individual stocks in Asia (Leveraged & Inverse Products), including tracking popular US stocks such as Nvidia, Tesla, Coinbase, and MicroStrategy. Its structure focuses on the change of leverage in a single day. These products not only enrich the market ecosystem, but also provide more short-term trading and hedging tools.