HKEX Celebrates the Launch of ETF Inclusion in Stock Connect

HONG KONG, July 4, 2022 /PRNewswire/ — Hong Kong Exchanges and Clearing Limited (HKEX) celebrates the successful launch of ETF inclusion in Stock Connect today (Monday) with a virtual market opening ceremony.

The virtual event, viewed by market participants, hosted speeches from representatives including regulators, exchange operators as well as securities registration and clearing institutions in hong kong and mainland China, culminating in a gong ceremony to mark the start of trading.

Chairman and CEO of HKEX, Nicolas Aguzinsaid: “The inclusion of ETFs in Stock Connect is great news and continues our commitment to enhancing the vibrancy, diversity and attractiveness of our markets. It will also strengthen that of Hong Kong super-connector position between China and the world.”

“ETFs are one of the fastest growing segments on that of Hong Kong markets. The inclusion of ETFs in Stock Connect demonstrates our ambition to enhance our ETF franchise and strengthen that of Hong Kong position oneself as from Asia ETF market,” Aguzin added.

that of Hong Kong The ETF market has one of the most diverse product offerings Asia. As at the end of May 2022the more than 130 Hong Kong-listed ETFs traded on HK$11 billion per day, compared to an average daily turnover (ADT) of HK$6.4 billion in 2020, with assets under management currently at more than HK$430 billion. The addition of eligible ETFs in Stock Connect will support the healthy development of ETFs in both the hong kong and Mainland China markets by expanding their respective investor bases.

Since its launch in 2014, the historic Stock Connect program has been instrumental in supporting two-way capital flows to and from mainland China, and has become the preferred channel for international investors seeking access to equity markets. HAS.

Stock Connect trading volumes performed well in the first quarter of 2022, with the ADT of northbound and southbound exchanges at RMB 105.9 billion and HK$35.5 billion respectively.

About HKEX

Hong Kong Exchanges and Clearing Limited (HKEX) is a publicly traded company (HKEX stock code: 388) and one of the world’s leading exchange groups, offering a range of equities, derivatives, commodities, fixed income and other financial markets, products and services, including the London Metals Exchange.

As a superconnector and gateway between East and West, HKEX facilitates the two-way flow of capital, ideas and dialogue between China and the rest of the world, thanks to its pioneering Connect programs, its increasingly diverse product ecosystem and its deep, liquid and international markets.

HKEX is a purpose-driven organization that, through its activities and through the work of the HKEX Foundation, seeks to connect, promote and advance its markets and the communities they support for the prosperity of all.


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SOURCE Hong Kong Exchanges and Clearing Limited (HKEX)

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