Hong Kong Exchange plans suite of new exchange-traded products

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HONG KONG (BLOOMBERG) - Hong Kong's stock exchange is looking at introducing a suite of new exchange-traded products (ETPs) after rolling out an initiative to tighten trading spreads and enhancing liquidity in the US$38 billion market.. Read more at straitstimes.com.

HONG KONG - Hong Kong's stock exchange is looking at introducing a suite of new exchange-traded products after rolling out an initiative to tighten trading spreads and enhancing liquidity in the US$38 billion market.

The products tracking mainland indexes would be the"next source of innovation and diversification", he said. The recent increase in investor interests in fixed income ETFs seen in the US will also"come to Asia", he said. At the end of April, Hong Kong housed 131 ETPs with a combined market capitalisation of HK$295 billion . The first ETF was launched in the city in 1999.

 

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