Chan Mo-po: Hong Kong-listed ETP anchor assets include digital assets, and also track US stock products such as Coinbase

Odaily News Hong Kong Financial Secretary Paul Chan Mo-po published an essay titled Exploring New Markets and Developing New Fields to Promote Development with Increment, which pointed out that the market is generally optimistic about the performance of the Hong Kong stock and new stock markets in the second half of the year. Exchange Traded Products (ETP) linked to different types of assets have become a new force in supporting the liquidity of Hong Kong stocks in recent years. Currently, there are more than 210 ETP products listed in Hong Kong, and the anchored assets include stocks, fixed income products, commodities, currencies and even digital assets. In March this year, Hong Kong welcomed the first batch of leveraged and inverse products (Leveraged Inverse Products) of individual stocks in Asia, including tracking popular US stocks such as Nvidia, Tesla, Coinbase and MicroStrategy. Its structure focuses on the changes in the daily trend of leverage. These products not only enrich the market ecology, but also provide more short-term trading and hedging tools.