Hong Kong ETF market runs hot amid stock rally, volatility, new products

Quick Summary:

Net fund flows have surged 48 per cent year on year, with an ETF tracking the Hang Seng Index surpassing Tencent in daily volume.

He added that ETFs accounted for more than 15 per cent of the overall cash market trading volume during the recent spike.

That brought the ETP market’s total assets under management (AUM) to nearly HK$500 billion.

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Article Details

Author / Journalist: Aileen Chuang

Category: Business

Markets: Hong KongChina

Topics: Fund Exchange-traded Products Stock Market Hong Year Etfs Record Kong’s Billion

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 07:30:08 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 239 words

Reading Time: 2 minutes read

Sentences: 6 lines

Sentence Length: 40 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23415990

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