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Shengli Securities: Optimistic about the future relaxation of the mainland and allowing retail investors to trade virtual products through Hong Kong Stock Connect

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2024-05-27 02:33:28
Chen Peiquan, executive director of Victory Securities, said that the current issuers of developing virtual currency ETFs are mainly Chinese funds, which is a signal to the outside world. Although he does not speculate on the mainland's policy, he is optimistic that the mainland will relax or even allow retail investors to trade virtual products through Hong Kong Stock Connect in the future. Maybe the mainland also has the development needs in this regard. Hong Kong can just be used as a testing ground, which is also one of Hong Kong's traditional advantages. He believes that the development of virtual assets is an example of Hong Kong playing to the advantages of one country, two systems. It can provide products that are not available in other markets. In addition to expanding the trading space of the industry, it can also strengthen Hong Kong's status as an international financial center.
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