1. Hong Kong Regulatory News This Week 1.1 Issuer: Rumors of Hong Kong ETF Being Included in Shanghai-Hong Kong Stock Connect are Unfounded link The CEO of Harvestglobal, one of the issuers of Hong Kong’s inaugural virtual asset spot ETF, Mr. Han Tongli, has expressed consideration for enabling mainland investors to directly purchase their Bitcoin and Ether products through the ETF Connect program. Assuming all goes smoothly in the next two years, Jasset does not rule out applying to include their cryptocurrency ETF in the mutual market access scheme linking mainland China and Hong Kong exchanges. ETF Connect, launched in May 2022, allows mainland investors to access a selection of curated ETFs listed in Hong Kong and is part of the Stock Connect program. However, Hong Kong’s Bitcoin and Ethereum futures ETFs introduced in 2022 have not yet been included in Stock Connect.
Asia's weekly TOP10 crypto news (May 6 to May 12)
Asia's weekly TOP10 crypto news (May 6 to May…
Asia's weekly TOP10 crypto news (May 6 to May 12)
1. Hong Kong Regulatory News This Week 1.1 Issuer: Rumors of Hong Kong ETF Being Included in Shanghai-Hong Kong Stock Connect are Unfounded link The CEO of Harvestglobal, one of the issuers of Hong Kong’s inaugural virtual asset spot ETF, Mr. Han Tongli, has expressed consideration for enabling mainland investors to directly purchase their Bitcoin and Ether products through the ETF Connect program. Assuming all goes smoothly in the next two years, Jasset does not rule out applying to include their cryptocurrency ETF in the mutual market access scheme linking mainland China and Hong Kong exchanges. ETF Connect, launched in May 2022, allows mainland investors to access a selection of curated ETFs listed in Hong Kong and is part of the Stock Connect program. However, Hong Kong’s Bitcoin and Ethereum futures ETFs introduced in 2022 have not yet been included in Stock Connect.