Chen Haolian: The listing of virtual asset ETFs adds diversity to Hong Kong market products

Golden Finance reported that Hong Kong Deputy Secretary for Financial Services and the Treasury Chen Haolian said that as of early May, the Hong Kong Government’s New Capital Investor Entry Scheme (CIES) had received more than 2,500 inquiries and more than 140 applications. Chen Haolian pointed out that qualified persons can settle in Hong Kong and seek development by investing at least NT$30 million in permitted investment assets, including funds authorized by the Securities and Futures Commission. Last month, Hong Kong also welcomed the first batch of spot virtual asset ETFs to be listed, adding to the number of products in the Hong Kong market. Diversity further supports Hong Kong’s position as the leading ETF market.