Chen Maobo: Currently, there are over 210 ETPs listed in Hong Kong, and digital asset products are gaining attention

ChainCatcher news, Hong Kong Financial Secretary Paul Chan Mo-po pointed out in his latest 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 such as stocks, fixed income, commodities, currencies, and digital assets.

Paul Chan stated 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, and 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 individual stock leveraged and inverse products in Asia, including products tracking popular U.S. stocks such as Nvidia, Tesla, Coinbase, and MicroStrategy. These products focus on daily leveraged performance changes, providing investors with more short-term trading and hedging tools, further enriching the product ecosystem of the Hong Kong market.