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SCMP: Hong Kong-listed ETFs likely to take advantage of better Bay neighborhood development, upcoming connect design

SCMP: Hong Kong-listed ETFs likely to take advantage of better Bay neighborhood development, upcoming connect design

SCMP: Hong Kong-listed ETFs likely to take advantage of better Bay neighborhood development, upcoming connect design

Exchange-traded resources in Hong Kong are required to see strong growth as a result of the development opportunities regarding the Greater Bay neighborhood, developing interest among buyers and a brand new cross-border investments scheme in the works for ETFs, relating to market players.

Seoul-headquartered Mirae advantage Global Investment, the largest ETF issuer in Asia excluding Japan by worldwide possessions in accordance with research firm ETFGI, try the type of wanting opportunities to arise in Hong-Kong.

The organization will increase its Hong Kong-listed ETF number the coming year with latest resource sessions and investment ways, said Rhee Jung-ho, president and ceo of Mirae advantage worldwide Investments (Hong-Kong).

“We have observed a lot of international dealers who happen to be interested in the Greater Bay region in addition to the fast improving, innovation-driven companies of mainland China,” Rhee stated in an interview with the southern area China day blog post. “Investors incorporate ETFs as a convenient automobile to purchase mainland Asia, and Hong-Kong is an ideal area to cultivate the products because distinctive position because international gateway to China.”

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