The Hong Kong Securities Regulatory Commission announced that it has been prepared to accept the application of funds such as the virtual asset spot ETF and other funds, so that Hong Kong is expected to become the first market for the listing of virtual assets such as Bitcoin and Ethereum and other virtual assets.
Comprehensive Hong Kong Zhongtong News Agency and Dagong.com reported that the Hong Kong Securities Regulatory Commission issued a letter to the industry on Friday (December 22) to announce the above news.However, the letter reminds that although virtual assets are becoming more and more popular in some parts of the world, the supervision situations around the world are still different. Therefore, the spot of virtual assets still has problems such as lack of transparency and potential market manipulation.
Through the letter, because retail investors may generally do not understand the above risks, virtual asset products are "considered to be considered complex products."The letter also emphasized that the virtual asset spot fund recognized by the Hong Kong Securities Regulatory Commission must buy and sell virtual assets of virtual assets on the virtual asset trading platform issued by the Hong Kong Securities Regulatory Commission.
The Hong Kong Exchange welcome the announcement of the CSRC.Luo Boren, director of the development of securities products of the Hong Kong Stock Exchange, said that the announcement of the CSRC means that Hong Kong will become the first market in Asia to allow virtual assets to list the listing of spot ETFs, strengthen Hong Kong as a leading digital asset centers in the region, and support Hong Kong as Asia as the first choice for Asia.The continuous development of the ETF market.
Luo Boren said that the Hong Kong Stock Exchange is ready to seize the opportunities brought by the theme investment, and will work closely with the issuer and the parties of all parties to introduce such new products for the Hong Kong ETF market.The Hong Kong Stock Exchange is committed to further enhance Hong Kong's attractiveness and competitiveness as an international financial center, bringing more diversified choices to the market and investors.
